Pakistan’s private equity and venture capital firm Ijara Capital Partners Ltd., has acquired diagnostics chain Sindlab Pvt., expanding its presence in the health care sector.
Sindlab has more than 30 outlets in Karachi and it is known for its competitive pricing, Farrukh Ansari, Chief Executive Officer at Ijara Capital said in an interview. The deal comes after the Karachi-based company acquired Searle Pakistan Co. earlier this year.