KKR is considering an acquisition of Indian medical-device maker Healthium Medtech Ltd., reports Bloomberg News.

Bengaluru-based Healthium, founded in 1992, makes products for surgical, post-surgical and chronic care applications. KKR has been holding talks with Healthium’s owner, Apax Partners, on a potential deal, as reported by Bloomberg, and a transaction could be valued at as much as $1 billion.