Med Imaging Holdings Limited (Mi Healthcare)
We advised the Shareholders MIH Holdings Limited (Mi Healthcare) in respect of the sale to Probo Medical LLC (Probo).
Founded in 1995, Mi Healthcare provides maintenance services for medical diagnostic imaging equipment, predominantly to the NHS. Foresight Group invested in the business in 2016, facilitating a partial buy out and providing growth capital. Probo is a global provider of medical imaging equipment, parts, repair and service, with a particular focus on ultrasound equipment. Based in the US and backed by Avista Capital, Probo has a UK division in Gloucestershire and was a direct competitor of Mi Healthcare.
Balhousie Care Group
AcalisCare has acquired Balhousie Care which is made up of 26 specialist care, nursing care and residential facilities across Scotland. AcalisCare is a global private home care and assistance provider. It currently has presence in Europe, Latin America, and Middle East, and has plans to grow in Asia, North America and the UK.
Balhousie Care is their first acquisition in the UK and they say they're focused on immediate large growth in the country, so we expect to see more activity from them in the near future.
Dentex and Portman merger
The merger of Dentex and Portman will see them becoming the largest privately focused dental group in the UK and one of Europe’s largest dental platforms.
With both firms being large groups, together they will operate over 350 practices and care for over 1.5 million patients. This combination will provide a platform to continue to grow at pace.