KKR, a leading global investment firm, and Avisena Healthcare ("Avisena"), a Malaysian healthcare provider, today announced that funds managed by KKR have entered into a definitive agreement to make a minority investment in Avisena. The investment will support Avisena’s next phase of growth, including the expansion of multi-specialty offerings at Avisena’s flagship hospitals in Shah Alam, and the build-out of new greenfield hospitals within the Klang Valley.

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Founded in 1996, Avisena has built a leading healthcare presence in Shah Alam and the wider Klang Valley, Malaysia, where it operates Avisena Specialist Hospital and Avisena Specialist Hospital 2. Malaysia’s private healthcare market is experiencing growing demand, with capacity growth lagging demand in key urban areas.