Global growth markets investor The Abraaj Group has agreed to acquire a majority stake in India-based healthcare provider Quality CARE India from global private equity firm Advent International. Abraaj reportedly agreed to purchase a 72 percent stake in the company from Advent, valuing the company at more than US$269 million. The transaction is subject to customary closing conditions. Separately, Abraaj has acquired a 49 percent stake in JM Holding, a Tunisia-listed company that owns a majority stake in Tunisia-listed producer of disposable household and personal care products Société d’Articles Hygiéniques (SAH). The transaction was structured through Abraaj North Africa Fund II. Financial details of the transaction were not disclosed.