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New Deal


Announced

Completed

The Metro Group completed the acquisition of Metropolitan Hospital Holdings from TPG-backed Evercare.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Kenya

Health Care Facilities

Domestic

Acquisition

healthcare services

Friendly

Private Equity

Single Bidder

Completed

Majority

Synopsis

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The Metro Group, a group of young healthcare professionals, completed the acquisition of Metropolitan Hospital Holdings, a provider of healthcare services, from TPG-backed Evercare, an integrated healthcare delivery platform. Financial terms were not disclosed. "We are very proud of the success we have realized through our partnership with the Evercare Health Fund. As a leading healthcare provider in the country, we are now looking to the next phase in our strategy that will continue to enhance the country’s healthcare ecosystem for both patients and practitioners. Our goal is to offer world-class healthcare while developing local talent and increasing access to quality, affordable care," Kanyenje Gakombe, Metropolitan Hospital Founder and CEO.

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