Dutch TBL Mirror Fund have exited their investment in Ugandan International Medical Group (IMG) to Kibo Fund, a fellow SME PE fund and co-investor in IMG. Both funds invested in IMG in January 2012.
Founded in 1986, IMG comprises three companies, the International Hospital Kampala, the International Medical Centres, and the International Air Ambulance and is Uganda’s largest healthcare provider.
With this transaction, TBL have concluded their first full exit. The fund also holds a stake in Kenyan Meridian Medical Centre. Source: Africa Assets