Eleanor Healthcare Group has acquired the Close Care Home.
M&ACategory: Deals
Three pharmacies, located in north Yorkshire, west Yorkshire and Lancashire, have been sold to independent buyers.
M&AHealthcare real estate fund, EHP, has agreed forward-funding to Simply Care to develop two care homes in Gravesend and Pagham.
Social careReal estate lender Beaufort Capital has arranged a long term financing facility for LNT Care Developments, to build 264 care beds all across England.
Social careBupa Health Services has acquired London Medical, a specialist outpatient clinic located in Harley Street.
Mergers & AcquisitionCare home operator Lovett Care has secured a £65 million revolving credit facility from real estate investment company Cain International.
Project financingBeaufort Capital has completed a facility to fund the development of 82-bed care home in Southwest London.
Social careHealth and fitness application GoJoe, is planning to raise up to GBP 10m in a Series A in 12 to 15 months period to expand new markets, co-founder Will Turner said.
FundraisingCambridge-based AI-enabled drug discovery startup Healx, has raised $47 million in a Series C round, co-led by Atomico and R42.
FundraisingEdinburgh-based laser technology firm Chromacity, has raised €1.18 million to support the launch of its ultrafast laser technology for the healthcare market.
FundraisingWomen's health app Flo Health, has secured more than $200 million in a Series C investment round from General Atlantic.
FundraisingLondon-based gut health startup company Zoe, has raised $15m extension for its Series B funding, which will support growth in the US.
TechnologyClinical stage biotech firm Asceneuron has raised $100m in latest round, led by Novo Holdings.
FundraisingWound care solutions specialist medtech company, Mölnlycke Health Care has invested $15m in enyzmatic therapeutics firm, MediWound.
FundingLondon-headquartered health and fitness application GoJoe, has raised £2.4m funding led by Venrex Partners.
FundraisingLondon-based startup Healthtech-1 has raised $3.5m in a seed round led by Moonfire, venture capital firm and accelerator Y Combinator.
FundraisingLondon based ophthalmic gene therapy company Beacon Therapeutics has raised $170m to advance development of gene therapies.
FundraisingLondon based social care workforce management firm, Care Hires, has raised £1.7 million to advance its AI-driven agency staffing services.
FundraisingEpilepsyGTx, a biotechnology company focused on gene therapies to treat focal refractory epilepsy, has raised $10 million in seed funding.
FundraisingLondon based digital health monitor provider Sava Health has raised $8 million in seed round to increase workforce and invest in R&D.
FundraisingFour Seasons Health Care Group (FHSC) has announced it will sell the business, including all 46 remaining homes.
Social careLeo Cancer Care has raised an undisclosed amount in Series C funding to expand its business to Asia markets.
TechnologyLondon-based medical technology firm, Amber Therapeutics, has raised $100 million from investors to support development of fully implantable adaptive neuromodulation therapy for women with mixed urinary incontinence (MUI).
FundraisingMental health technology provider Psyomics has raised £4 million funding to support its AI-informed medical device, Censeo.
TechnologyDigital health company Punto Health has secured funding from investors to develop its products to manage the dementia related diseases.
FundingPuma Property Finance has provided £18 million loan to Morrison Community Care Group (MCCG) to finance Ewell, Surrey based care home.
Social careUS based real estate trust MPT has completed refinancing of £631 million of its UK hospital portfolio.
RefinancingDevelopment financier Atelier has provided a £12.4 million loan to fund the construction of a new 76-bed care home in Worcester.
Social careCardiff-based Medi2data, a healthtech company, has raised £2.1 million funding from the Enterprise Investment Scheme.
FundraisingDublin, Ireland-based Spectrum.Life, a digital and mental health solution provider, has announced an investment round of €17 million, led by Act Venture Capital.
FundraisingLiaison Group purchases clinical task management provider
Mergers & AcquisitionConsumer information website myTribe and private hospital chain Practice Plus Group are joining forces.
Partnership dealEuropean automated compliance platform Naq has raised £2.6 million to boost healthcare and medical compliance across the UK and the EU.
FundingEspoir Properties has completed a strategic acquisition of health and social care provider Amicis Care in Cheltenham.
Mergers & AcquisitionGreenleaf House Group, a Scottish children's residential care and school provider, is being acquired, sources familiar with the situation say.
Mergers & AcquisitionKnight Frank has partnered with BKR Care Consultancy to offer healthcare clients strategic advice and property solutions.
Partnership dealFSHC has sold nine operational sites for a total of £16.1 m in cash, as reported in a statement issued jointly by the administrators and the group
Social careThe National Care Consortium is embarking on a expansion initiative throughout the UK, bolstered by a unding package from HSBC UK
FundraisingPsyomics is in the process of raising approximately £4.5 million in a pre-Series A funding round, this publication can reveal.
FundraisingiCON Infrastructure Partners is acquiring diagnostic imaging business Alliance Medical Group from South African hospital operator Life Healthcare Group.
DiagnosticsLottie, a UK-based startup offering a SaaS platform for people seeking care homes, has raised €20 million in a Series A funding round.
TechnologyAt-home cancer patient care technology Entia has closed a Series A round let by BGF, Parkwalk and existing investors.
Fundraising32Co has secured £2.2 million seed funding led by Balderton Capital with participation from Wavemaker 360 Health and strategic angels.
FundraisingDowning has provided a pre-development bridging loan of £16.4 million to finance the acquisition of two care home development sites in Essex.
FundingPneumagen, a clinical stage biotech company, has secured £8 million in financing.
FundraisingA pan-European advanced diagnostics and out-of-hospital services provider has raised incremental €170m Term Loan B borrowings to support growth.
FundingLenus Health is preparing to embark on a Series A funding round with a target range of £8 to £10 million, this publication can reveal.
TechnologyAlbion Capital has completed the top up offers across its six venture capital trusts.
FundraisingHere is our monthly update bringing last month’s major European M&A and fundraising headlines. Dentistry and social care continued to be the sectors attracting the most investment during March.
M&AHealthcare operators, investors and regulators are demanding more when it comes to sustainability, and ESG is gradually becoming the new standard. This week HealthInvestor sits down with Kartesia’s head of CSR and ESG Coralie De Maesschalck and deal lead on the impact strategy, Kamil Kapasi to talk about the firm’s newly launched impact strategy as well as market trends, challenges and opportunities ahead.
New fundThis week HealthInvestor meets Anders Petersson, managing partner at European private equity firm IK Partners. He guides us through the firm’s key focus areas and talks about investment trends, challenges and opportunities.
RCI Group, a UK provider of services in the areas of criminal and family justice, forensic healthcare, community mental health, and data and technology, has secured a sustainability-linked financing facility.
Project financingWelcome to your end-of-year European healthcare M&A roundup. We take a look at the most popular deals and fundraising activity in healthcare businesses around Europe and beyond that happened over the course of the last month of 2022.
Mergers & AcquisitionCivitas has acquired a £200 million property portfolio from CareTech under a sale and leaseback arrangement, HealthInvestor can reveal.
Sale and lease-backLearn 2 Live Youth Clinic has secured an undisclosed funding round to acquire and develop its very first site in Hampshire.
FundingReal estate investment trust Impact Healthcare REIT has secured an extension of £25 m to its existing revolving credit facility with HSBC
FundingRenaissance Care is spreading out its capex on equipment and furniture and speeding up the capex on energy-saving measures.
FundingOxford Medical Simulation has raised a further £2.1 million in a funding round that included ACF Investors and angel investor Dr Nicolaus Henke.
FundraisingLondon-based healthcare-focused private equity firm Apposite Capital has raised £200 million for Apposite Healthcare III.
FundraisingMedefer is in talks to raise a Series B round with a target of £25 million, HealthInvestor hears from credible market sources.
FundraisingVirtual fertility clinic Apricity has raised €17 million in a Series B round led by MTIP.
Clinical servicesDental group Envisage Dental has acquired Shipston Dental Practice in Shipston-on-Stour, Warwickshire.
Mergers & AcquisitionCertific has raised a total of €7.4 million to advance remote medical diagnostics. HealthInvestor speaks to Dr Jack Kreindler, co-founder and chief scientific officer to find out more.
TechnologyFlorence, a UK-based technology provider for social care, has raised £28.5 million through a Series B funding round led by Axa Venture Partners with participation from Roo Capital and existing backers SEEK Investments.
TechnologyScottish care home group Renaissance Care has secured £30 million additional acquisition funding with an unnamed backer as it plans to double in size over the next three years.
FundingThe third round of the Digital Health Partnership Award will provide up to £500,000 to support digital projects that can support patients at home.
FundingLocum’s Nest, a London-based medical workforce technology company that connects healthcare professionals to vacant work in the NHS, has raised a seven-figure undisclosed amount in a strategic financing round, this publication can reveal.
FundraisingReducing staffing pressures is the top investment criterion in healthtech innovations, speakers of ‘The fight for healthtech investment opportunities post pandemic’ panel at LSX World Congress 2022, stated.
TechnologyLonsdale Capital Partners has acquired Todays Dental Group, a London-based dental company comprising eight dental practices.
UndisclosedCare Hires, a software startup that allows care providers to hire on-demand healthcare staff, has received £2m investment from private equity firm West Hill Capital to accelerate growth.
FundingPillSorted, a personalised delivery pharmacy service, has raised $6 million in Seed funding with the participation of Pear VC, Hoxton Ventures, Edison Partners and the founders of DoorDash.
FundraisingSBRI Healthcare recently awarded £4 million to nine medical technology and digital innovations to support the NHS in recovery from Covid-19.
FundingHMNC Brain Health, a Germany-headquartered company focused on the development of personalised therapies in psychiatry, will soon complete its Series B financing of $50 million which was launched back in Q4 2021, HealthInvestor UK can reveal.
FundraisingInvestment management firm Pollen Street Capital has formed a joint venture with real estate lender Beaufort Capital to fund various real-estate developments, including care homes, across the UK.
Partnership dealDutch auction company TBAuctions has acquired UK online medical auction company, British Medical Auctions.
Mergers & AcquisitionEuropean healthcare REIT Aedifica has partnered with Spanish care home operator Neurocare Home to develop a portfolio of around 1,000 elderly care units in Spain for roughly €75 million.
DealsLondon-based Proximie, a platform that allows surgeons to advise on operations remotely around the globe, has teamed up with Johns Hopkins University affiliate Jhpiego to implement an Obstetric Safe Surgery (OSS) project in Kenya. The team-up forms part of the company's national and international expansion programme.
DealsLondon-based investment firm Twenty20 Capital has acquired the former Virgin Care, from Virgin Group. The company has been rebranded as HCRG Care Group.
DealsDigital triage provider eConsult Health has partnered with technology provider InterSystems to expand the deployment of its solutions.
Rodericks Dental has acquired two dental practices owned by Gower Healthcare in Swansea.
Integrated care record software provider Graphnet Health has bought remote patient monitoring specialist Docobo.
Online GP booking service provider Evergreen Life has acquired Salvie Ltd, the creators of online consultation and workflow system askmyGP for an undisclosed sum.
Digital healthcare provider Livi has acquired agency VIX Digital, which designs digital solutions for the NHS with a focus on integration, stability, ease of use, and continuous improvement.
Palatine Private Equity has acquired a controlling stake in Routes Healthcare from Key Capital Partners.
Real estate investment firm Fore Partnership has formed a joint venture with extra care operator Amicala to deliver “ultra-sustainable” later living developments,
Dentistry group Enamel Dental has acquired Duke Street Dental Centre, a three-surgery, predominantly private practice located in Brighton Lanes in East Sussex.
Med-tech company Induction Healthcare Group is acquiring Attend Anywhere, a video consultation provider, for an initial £15.56mln in cash.
Alderley Park-based proteomic-data science and diagnostics company, Kinomica, has secured £3.9 million in funding.
FundingGen inCode, a genetic testing business specialising in the risk assessment and prediction of cardiovascular disease, has raised funding of £3.4 million.
Technology