India, Feb. 17 -- image credit- freepik

True North Private Equity via its alternative investment platform, the Credit Opportunities Fund I, has entered into definitive agreements to invest Rs 150 crore in ACN Healthcare RCM, a leading Revenue Cycle Management (RCM) solutions provider with operations in India and a global client base.

ACN Healthcare has demonstrated robust growth of over 68% CAGR over the last 3 years. The funds will be utilised towards growth and expansion of ACN Healthcare's service portfolio, pursue strategic initiatives, and establish new delivery facilities, strengthening its ability to serve global healthcare providers.

Sources indicate that several leading private equity funds are also in advanced discussions to ...