Kenyan Private Healthcare – Regional Hospital Network Investment

Requirement

A Kenyan private healthcare operator seeks $12 million growth capital to expand its regional hospital network from 3 to 7 facilities across East Africa. The company operates mid-market hospitals serving the underserved segment between public facilities and premium providers. Existing operations include hospitals in Nairobi, Nakuru, and Kisumu with combined capacity of 350 beds, 15 operating theatres, and diagnostic services. Expansion targets secondary cities in Kenya (Eldoret, Mombasa) and new markets in Uganda and Tanzania. We seek healthcare-focused investors, impact funds, and strategic healthcare companies. Investment is structured as growth equity with minority stake and board representation. Current shareholders include the founding physicians (55%) and angel investors (25%). Kenya's healthcare spending exceeds $3 billion annually with private sector capturing 40%+. The company's model addresses the "missing middle" – patients too affluent for public care but priced out of premium facilities. Unit economics are proven with 18% EBITDA margins. Target returns of 22-28% IRR based on network expansion, operational leverage, and potential strategic exit. Kenya's healthcare sector has attracted significant M&A interest from international hospital chains.