A London- and Johannesburg-based growth capital investment manager has acquired Rhino Park Private Hospital in Windhoek.
Salt Capital has extensive experience in assisting African businesses to scale.
Rhino Park first opened its doors as a day hospital with two operating theatres and a primary healthcare clinic 30 years ago.
The hospital now features 120 beds and four operating theatres, and specialises in maternity and neonatal healthcare.
Salt managing partner Jan Bosch says the aquisition marks a milestone for the firm, bringing together a shared vision.
The capital firm says it will bring additional resources, know-how and support to spearhead the hospital’s expansion and growth.
“This achievement is a testament to the hard work and dedication of our team, our partners and all those who contributed to making this deal possible.
“We extend our sincere gratitude to our debt funding partners, Blue Earth Capital, for their invaluable support and confidence, which played a crucial role in bringing this vision to life,” he says.
The investment in Rhino Park provides Salt Capital a great opportunity to transform healthcare delivery in Namibia, he says.
Salt Capital has a track record of partnering with Namibian businesses.
The firm’s last investment was in Deep Catch Holdings in Namibia, which was successfully sold to DP World.
“We look forward to supporting Rhino Park to continue its journey of growth and service to the community, and are confident in our ability to drive meaningful impact and deliver strong returns for all our stakeholders,’’ Bosch says.
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