News > Medi Assist shares jump 10% on Paramount TPA deal. What does it bring to the table?

Medi Assist shares jump 10% on Paramount TPA deal. What does it bring to the table?

Medi Assist Healthcare Services Ltd. will acquire 100% stake in Paramount TPA for an enterprise value of ₹312 crore. This deal is 3x of Raksha TPA and 7x of Medvantage. Paramount TPA is the second largest in this group segment at the end of the financial year 2024. The deal will take Medi Assist's market share in the group segment to 36.6% from 30.6%. It will also increase Medi Assist's market share in the health insurance space by 4% to 23.4%.