Avenue Group was acquired by The Abraaj Group on September 1, 2011
Company

Out of 60 sectors in the Mergr database, ranked 58 in number of deals in 2011. The largest acquisition in 2011 was Enobia Pharma - which was acquired by Alexion Pharmaceuticals for $1.1B.

Join Mergr to view all 8 acquisitions of companies in 2011, including 4 acquisitions by private equity firms, and 4 by strategics.

Avenue Group

Nairobi,
Kenya,
www.avenuehealthcare.com

Avenue Group is a diverse health services and managed-healthcare provider. It is dedicated to offering general and specialist inpatient and outpatient care and advice to individuals and corporations in Kenya. Avenue operates a 70-bed hospital, and runs a network of eight outpatient clinics and four in-house clinics across the country. The group also provides home-based nursing care. The Abraaj Group’s investment in Avenue will support its expansion plans by providing high-quality, affordable and accessible healthcare through a much-needed new hospital in the lakeside city of Kisumu.

M&A - Last 3 Years

Avenue Group was acquired by The Abraaj Group on September 1, 2011.

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