Global buyout funds EQT AB (publ) (OM:EQT) (formerly Baring PE AsiaEQT), TPG Capital, L.P. and KKR & Co. Inc. (NYSE:KKR) are among those evaluating the acquisition of a controlling stake held by CVC Capital Partners Limited in Bengaluru-based specialty cancer hospital chain HealthCare Global Enterprises Limited (NSEI:HCG), sources told ET. A rising middle-class and an aging population have boosted demand for private medical services across Asia, which in turn, is seeing massive consolidation and heightened deal activity in the healthcare sector.

The current market value of the hospital chain is INR 53.5738 billion. A recent report by brokerage firm Jefferies also highlighted that CVC?s investment in the cancer hospital chain has increased 2.7 times in less than three years. In the past one month, the HCG stock is up 10% as the sale gathers pace.

CVC Capital is working with two Wall Street advisers for the sale that has been launched in recent weeks. The official sale process was launched recently. FOUNDER TO STAY PUTAjaikumar told ET that he is not looking to sell his stake and exit.?There is no intention to exit.

I have founded and built HCG, and am committed to the cause of serving cancer patients,? said Ajaikumar, executive chairman of HCG. EQT declined to comment.

CVC, TPG and KKR were not available for comment.