KKR acquires controlling stake in Baby Memorial Hospital chain, Kerala

KKR, and Baby Memorial Hospital (BMH), a regional multi-specialty hospital chain in India, announced the signing of definitive agreements under which funds managed by KKR will acquire a controlling stake in BMH. KKR’s investment will support BMH’s aim to address the growing need for quality, accessible healthcare services in India. 

Founded in 1987 by Dr K G Alexander, BMH is a multi-speciality hospital chain in Kerala, with a capacity of 1,000 beds across hospitals in Calicut and Kannur, and planned expansions across the region. BMH provides comprehensive services with specialised treatment across 40 medical and surgical departments including cardiology, oncology, neurology, gastroenterology, pediatric and orthopaedic care.  

Additional details of the transaction are not disclosed.