Bain Capital Invests $157 Million in Indonesia's Mayapada Healthcare Group

INVESTMENT - SINGAPORE. U.S.-based private investment firm Bain Capital has invested $157 million in Indonesian private healthcare company Mayapada Healthcare Group, or Sejahteraraya Anugrahjaya Tbk PT, according to a joint statement on Thursday.

The companies said the investment, made via Bain Capital's special situations strategy, will be used to further expand Mayapada's hospital operations via organic and strategic growth initiatives.