Case Study — Lenmed | Ulysses Group
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Case Study

How Lenmed Identified 21 Hyper-Qualified Off-Market Healthcare Opportunities in the UAE in Just 5 Months

CompanyLenmed
IndustryHospital & Healthcare
RegionUAE / Middle East
MandateOff-Market Healthcare Deal Sourcing

Lenmed, a leading hospital operator with 17+ locations across Africa, was expanding into the UAE and broader Middle East but lacked local visibility and proprietary deal flow. Entering a new market without an established network made it difficult to identify credible healthcare targets, assess strategic fit, and avoid time lost on unqualified owner conversations.

We built a geo-targeted origination system designed specifically for the UAE healthcare market. The campaign combined targeted market mapping with multi-channel outreach across hospitals, clinics, and medical centers, while screening opportunities based on size, location, EBITDA profile, and operational fit.

Outreach was executed across email, LinkedIn, SMS, and additional channels to maximize market coverage and response rates. Each opportunity was manually filtered to identify serious, exit-ready business owners and ensure alignment with Lenmed's acquisition criteria before handoff.

This allowed the team to focus only on high-value conversations with qualified off-market targets.

21Hyper-qualified off-market healthcare opportunities identified in 5 months
$15M–$75MAligned deal size range
5Months to build a qualified UAE healthcare pipeline from zero
Expanded local market credibility and M&A pipeline in the UAE
Deepened understanding of the UAE healthcare deal landscape
0Internal resources lost on unqualified leads and dead-end conversations