Aurelius Healthcare

Navis has partnered with an experienced healthcare veteran to build Aurelius Healthcare, a healthcare management platform in Southeast Asia. Dato Amir Firdaus has over 25 years of experience in Southeast Asia and the Middle East and has a stellar track record of delivering financial returns. He has assembled a proven and experienced senior leadership team.

Aurelius plans to build a portfolio of up to 6 tertiary hospitals in Southeast Asia, primarily through acquiring undermanaged assets and delivering superior returns through better management.

Since the investment, Aurelius has acquired its 1st hospital in Malaysia and tripled its profitability within 18 months by expanding its offerings, upgrading capacity, and better overall management. Aurelius has secured two other hospitals in Malaysia, bringing the portfolio to 500 beds once fully developed.

SECTOR

Healthcare

HEADQUARTERS

Malaysia

INVESTMENT DATE

May 2021

NAVIS OWNERSHIP

88%

Investment Rationale

*01.

Experienced Healthcare Management Team

Led by a team with extensive expertise, our healthcare management group has successfully developed and operated top-tier hospitals across Southeast Asia and the Middle East

*02.

Significant Value Creation from Growth and Improvement

Our focus on brownfield projects allows for significant value creation by expanding in underserved areas, enhancing specialty services, and optimizing underperforming assets

*03.

Strategic Acquisition Potential in Southeast Asia

With numerous acquisition opportunities across Southeast Asia, we are positioned to scale our footprint and enhance healthcare accessibility

*04.

Potential for Value Expansion through Consolidation

By forming a consolidated hospital network, we can drive multiple expansion and establish a leading presence in the healthcare sector

Navis Value Impact

Investment Framework for Malaysia

Created a targeted investment strategy focused on identifying optimal micro-regions in Malaysia for new hospital development

Acquisition Opportunities in Southeast Asia

Conducted a comprehensive mapping of acquisition opportunities throughout greater Southeast Asia, identifying key locations for strategic growth

Investment Execution and Financing

Led end-to-end investment processes, including negotiation, due diligence, and securing bank financing for strategic growth initiatives

ESG Framework and KPIs

Established an Environmental, Social, and Governance (ESG) framework with standard operating procedures and key performance indicators to ensure sustainable growth

Knowledge Sharing and Synergies

Facilitated cross-portfolio knowledge sharing and synergy-building initiatives within Navis's healthcare investments, strengthening overall operational efficiency

Looking ahead

Aurelius plans to build a portfolio of up to 6 hospitals with 1,000 total beds during Navis’ investment period. This will be done by (a) expanding capacity through brownfield hospital projects; (b) building up a flagship greenfield international hospital in KL; and (c) further acquisitions in Southeast Asia.