Storage Devices Company Investment Opportunity in Lagos, Nigeria
Invest in expansion of digital health software and storage card businesses to encompass 50 hospitals.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 390 thousand |
| EBITDA Margin | 20 % |
| Industries | Storage Devices |
| Locations | Lagos |
| Local Time | 11:16 AM Africa / Lagos |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
3.9 million
for
40.0%
stake
(Native Currency: NGN 6,000,000,000)
Reason: The investment is necessary to scale the business and establish contracts with additional hospitals....
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Includes physical assets worth
USD
320 thousand
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Business Overview
- The innovative integration of biometric cards allows dual functionality as ATM cards and Personal Health Records (PHR) accessible via QR codes.
- Currently, the company has successful collaborations with 6 local hospitals with ambitions to extend partnerships to 50 additional facilities.
- The innovative integration of biometric cards allows dual functionality as ATM cards and Personal Health Records (PHR) accessible via QR codes.
- Currently, the company has successful collaborations with 6 local hospitals with ambitions to extend partnerships to 50 additional facilities.
- The business holds official registration to operate from the local government, affirming its legal compliance and commitment to the healthcare sector.
- The manufacturing of the cards is currently outsourced.
- Located in Lagos, the company has a dedicated team of 10 employees driving innovation and expansion in the digital health space.
- Currently, the company has successful collaborations with 6 local hospitals with ambitions to extend partnerships to 50 additional facilities.
- The innovative integration of biometric cards allows dual functionality as ATM cards and Personal Health Records (PHR) accessible via QR codes.
- Currently, the company has successful collaborations with 6 local hospitals with ambitions to extend partnerships to 50 additional facilities.
- The business holds official registration to operate from the local government, affirming its legal compliance and commitment to the healthcare sector.
- The manufacturing of the cards is currently outsourced.
- Located in Lagos, the company has a dedicated team of 10 employees driving innovation and expansion in the digital health space.
Products & Services Overview
Digital Health Software automates workflows in healthcare facilities, covering health, finance, and administration, and supports clinicians with CDSS. It integrates with a biometric card that acts as an ATM card and provides access to the patient's PHR via a QR code.
Assets Overview
The business owns:- A stock of biometric cards valued at NGN 300 million.
- A facility valued at NGN 200 million.
Facilities Overview
The business operates from a self-owned office in Lagos.
Capitalization Overview
The business has twelve co-owners and an outstanding loan of NGN 100 million. It has established partnerships with banks, allowing it to repay the loan through a small percentage of the card sales revenue.
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