IIFL AMC acquires stake in OmniActive Health Technologies
The financial terms of the transaction were not disclosed
OmniActive Health Technologies yesterday announced that IIFL Asset Management (IIFL AMC), among the leaders in alternatives, has acquired a minority stake in the company. The financial terms of the transaction were not disclosed, the companies notified via a joint statement.
The investment has been made through IIFL AMC’s Special Opportunities Fund series, it further said.
Investec acted as a sole sell side financial adviser to the transaction, added the statement.