Creador Acquires 7% Stake in India's La Renon Healthcare Amid Strong Growth Momentum

Creador, a private equity firm, has acquired a 7% stake in India-based pharmaceutical firm La Renon Healthcare from its promoter and an existing investor. La Renon's promoter family will continue to hold a controlling stake, while Peak XV Partners will remain a shareholder. Creador said the transaction marks its focus on partnering with high-quality healthcare companies. La Renon reported a 25% compounded annual growth rate in revenue and a 30% CAGR in earnings before interest, taxes, depreciation, and amortization over the last decade.