Grant Thornton advises Healthcare Communications UK Limited Healthcare Communications UK Limited has been sold to IMImobile.

December 2017
Healthcare Communications UK IMImobile
Adviser to Healthcare Communications UK on their sale to IMImobile
£undisclosed
Grant Thornton team
Technology, media and telecommunications
Buy side
Corporate finance
UK

We are delighted to have advised Healthcare Communications UK Limited on their sale to IMImobile.

Healthcare Communications UK Ltd is a unified communications provider to the healthcare sector. Its proprietary communications platform is used by 140 NHS Trusts across the UK. 

The integration of digital communications into the treatment cycle allows more frequent, lower cost contact with patients. The flexibility of a unified communications solution is well suited to the healthcare sector as different contact channels can be utilised, depending on demographic and the content of the communication. Ultimately, this solution reduces costs for the healthcare provider and provides a more convenient service for the patient. 

Healthcare Communications UK Ltd experienced rapid growth from the success of its products in the market. Following significant investment in the messaging platform, the firm now dispatches in excess of 100 million communications a year. 

The shareholders approached us recognising that the prospect for growth and digitisation in the healthcare sector was so vast that Healthcare Communications UK Ltd needed the additional resource and capabilities of a corporate partner to capitalise fully on the opportunity.  

We ran a competitive process with considerable interest from both listed and privately owned trade buyers. 

Healthcare Communications UK Ltd was acquired in December 2017 by IMImobile plc, who demonstrated that it was able to support the growth in Healthcare Communications UK Ltd and could see value in the healthcare vertical. 

The deal sees the shareholders remain with Healthcare Communications UK Ltd leading the management team who will continue to drive the growth of the business. We were able to combine deep sector expertise with local deal support to deliver a seamless and joined up process for all concerned. 

Testimonials

“The Grant Thornton team played a pivotal role throughout the transaction and their knowledge and expertise in the sector resulted in us finding the right buyer. They demonstrated resilience and tenacity during the process and provided excellent advice at all times and ultimately delivered a fantastic result.”

Mike Cunningham Managing Director, Healthcare Communications UK Limited
Transaction