Iwosan Investments Limited, a leading healthcare investment holding company, has acquired Paelon Memorial Hospital, one of Lagos’ foremost multi-specialist healthcare providers, in a move that strengthens its leadership in Nigeria’s healthcare sector.
The acquisition aligns with Iwosan’s mission to transform Nigeria’s healthcare landscape through strategic investments, operational excellence, and patient-centered innovation. It also reinforces its dual growth strategy that combines brownfield acquisitions with greenfield developments to expand access to quality healthcare nationwide.
Since its establishment in 2019, Iwosan has built a strong reputation for driving medical innovation and infrastructure investment. Its portfolio includes the acquisition of Lagoon Hospitals in 2021, the Iwosan Wellness Centre, and a 25-bed Centre of Excellence for Cardiology in Victoria Island. Earlier in 2025, it also acquired Euracare Multi-Specialist Hospital, consolidating its position as one of Nigeria’s most ambitious private healthcare networks.