Healthcare specialist private equity firm Archimed Partners has made bolt-ons to two of its businesses, Rehabworks and Micromed.

Suffolk-based Rehabworks, which focuses on the treatment of injuries, has bolted on Crystal Palace Physic Group, a south London provider of physiotherapy services.

The acquisition will allow Rehabworks, which currently provides services through employers and insurance companies, to offer care directly to individuals on a private basis and enter the NHS sector.

Archimed provided all of the funding for the deal. Crystal Palace Physio’s founder and chief executive will re-invest some of the proceeds into the new combined business.

Meanwhile, neurodiagnostics business Micromed, which operates in France and Italy, has acquired German company Sigma Medizin-Technik.

Archimed funded the acquisition without debt but with Bpifrance as a co-investor.

The firm backed Rehabworks in 2015 and Micromed in 2016.


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