KKR acquires controlling stake in Baby Memorial Hospital in India

BMH houses 1,000 beds across hospitals in Calicut and Kannur.

Investment firm KKR has announced its acquisition of a controlling stake in Baby Memorial Hospital (BMH), a regional multi-speciality hospital chain in India.

According to the firm, the investment will support BMH’s efforts to build a pan-India network of hospitals through organic and inorganic growth strategies.

Founded in 1987, BMH houses a 1,000-bed capacity across hospitals in Calicut and Kannur.

Moreover, the hospital chain offers services with specialised treatment across 40 medical and surgical departments including cardiology, oncology, neurology, gastroenterology, paediatric, and orthopaedic care.

“KKR's investment in BMH is a testament to our unwavering commitment to delivering accessible and quality healthcare services for all,” Dr K.G Alexander, Chairman of BMH, said.

“We are pleased to be able to tap into global and local experience in the healthcare sector, which will enable us to accelerate our growth and expand our services across India, and importantly continue to deliver excellence to the patients we serve,” Alexander added.