Grant Thornton advises Medical Management Systems Limited

Founded in 2004, Meddbase is a provider of a cloud-based clinical management software platform to corporate healthcare providers, the NHS and specialist private practices. The Company has developed an end-to-end platform supporting healthcare professionals to streamline patient care and optimise practice efficiency.

Meddbase operates in a rapidly growing sector and was well-positioned for further growth having invested in the senior team and nurtured emerging international opportunities. The shareholders of the Company, having built the business since inception, were looking to realise the value of the investment whilst allowing the management team to continue to benefit from the established position of Meddbase in the market.

Grant Thornton were appointed to undertake a dual track process, bringing together the right combination of sector knowledge across healthcare and technology, as well as their international network and access to investors / acquirers.

The Grant Thornton team worked closely with the shareholders to understand the business, market opportunity and their individual ambitions for the transaction. This extensive preparation phase ensured Meddbase was aptly-positioned and diligence-ready ahead of time.

The Grant Thornton team ran a focused marketing process based on deep knowledge of the strategic trade and investor landscape. Furthermore, the team supported both the business and the management team through various macro-economic events whilst continuing to expedite a competitive process, showing resilience in ultimately driving the deal forward.

Facilitating robust negotiations and hands-on support throughout, the Grant Thornton team were able to deliver an outstanding result exceeding all shareholder expectations whilst securing a partner that will allow Meddbase to flourish under new ownership.