Wed, 01 Mar 2017 | MBO/MBI
Private equity firm Maven Capital Partners has backed the £6.5 million management buyout (MBO) of Blackpool-based healthcare products supplier Healthpoint.
Maven said the MBO would allow Healthpoint to develop new products and penetrate new markets.
Established in 1996, Healthpoint supplies 300 healthcare and beauty product lines to the retail sector and is one of the largest suppliers of tertiary branded healthcare products in the UK.
Its range of branded products include Derma V10 and Clear and Simple and the firm also provides a range of over-the-counter medicines bearing the Healthpoint brand.
Amanda Parkinson, Healthpoint managing director, said: “We are passionate about delivering high quality products and excellent customer service to our growing customer base, and are delighted that Maven shares our vision for the business.
“We have plans to drive the value of our brands, increase the number of products across the whole product range, capture market share and also target overseas sales growth. ”
The investment will see Healthpoint develop around 30 new product lines in the next year, helping it drive organic growth and focus on a buy-and-build strategy.
Find healthcare businesses for sale.
A leading engineering firm focusing on electric power steering solutions and bespoke wiring harnesses serving various industries. It operates as two entities both reputable for maintaining high standards and offering bespoke solutions for clients. In...
Market-leading fruit and vegetable supplier distributing fresh produce and complementary goods both wholesale and D2C. The companys uncompromising drive for customer satisfaction has built strong relationships with across an enviable client base incl...
Turnkey construction services provider completing a range of projects with expertise across maintenance general refurbishment new build and conservation including work on listed buildings. The company provides full-service construction works utilisin...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.