Investment

Hygeia Nigeria Limited

Sector

Healthcare

Location

Nigeria

Year of Investment

2009

Deal type

Growth capital

Website

www.hygeiagroup.com

Status

Current portfolio

Hygeia Nigeria Limited

Hygeia is the leading West African provider of integrated healthcare. Hygeia began operating in 1986 at what has now become its flagship hospital, Lagoon Hospital Apapa, a multi-specialist tertiary facility in Lagos, Nigeria. Since then the company has expanded its business to include two further hospitals in the Ikeja and Victoria Island districts of Lagos as well as two subsidiaries operating in the Health Insurance market - Hygeia HMO and Hygeia Community Health Plan.

Hygeia HMO is a health maintenance organisation providing managed care to an enrollee base of over 200,000 individuals through a network of more than 1,200 providers across Nigeria. Hygeia Community Health plan is a donor funded initiative that aims to improve access to quality healthcare for low income groups in Nigeria.

Over the next few years, with Satya’s involvement, Hygeia will expand its hospital footprint by adding more sites across Nigeria as well as make a substantial investment in its HMO business.