Join Mergr to view all 7 acquisitions of companies in 2011, including 3 acquisitions by private equity firms, and 4 by strategics.
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.
Avenue Group was acquired by The Abraaj Group on September 1, 2011.
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