Comeback in hospital space: KKR picks up 70% in BMH for Rs 2K crore

KKR's investment aims to support BMH's expansion plans to build a pan-India network of hospitals. This growth will be driven by both organic development and strategic acquisitions

Global investment firm KKR on Monday said that it will acquire a controlling stake in Kerala's multi-speciality hospital chain Baby Memorial Hospital (BMH). According to sources, KKR picked up a 70 per cent stake in BMH for Rs 2,000 crore. This marks the re-entry for KKR in the Indian hospital segment after it sold its entire stake in Max Healthcare for around Rs 9,400 crore in 2022.

KKR did not disclose the deal size or other details.  

Sources, however, said that KKR has picked up around 70 per cent stake in BMH for Rs 2,000 crore.