Expansion on radar for health software firm
A health and social care sector software provider is eyeing global growth after securing funding support.
Radar Healthcare has been backed by Marlin Equity Partners.
Bosses say the boost will allow the Leeds-based provider of risk, quality and compliance IT services to advance product development and accelerate international expansion plans.
Paul Johnson, chief executive, said: “We are thrilled to partner with Marlin.
“As the demand for unified systems to support care delivery continues to grow, this investment allows us to scale our solutions to meet the evolving needs of customers across health and social care.
“The Marlin team showed a profound understanding of our value proposition and strong alignment with our growth ambitions.”
Chris Clasper, principal at Marlin, added: “The Radar Healthcare team has developed an innovative platform that is uniquely positioned to support the needs of health and social care providers.
“We are excited to work alongside the founders and management team to provide operational and financial resources that will support its continued growth.”
DWF provided advice to Radar Healthcare on the deal.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing