Fremman Capital, a PE firm focused on healthcare, has acquired Medinet, a UK-based recruitment agency that specializes in placing healthcare professionals with NHS organizations,
Medinet was founded in 2004 and has grown to become one of the leading healthcare recruitment agencies in the UK. The company has a network of over 500 consultants and places over 10,000 healthcare professionals each year. Medinet’s clients include hospitals, GP surgeries, and other healthcare providers across the UK.
Fremman Capital said that it was attracted to Medinet’s strong track record and its position as a leading player in the UK healthcare recruitment market. The firm said that it plans to invest in Medinet’s growth and expand its geographical reach.
image Credit: Medinet
The acquisition of Medinet is Fremman Capital’s second investment in the UK healthcare sector in recent years. In 2021, the firm acquired Simplify Healthcare, a software company that provides solutions to NHS organizations.
Private Equity News UK
The acquisition of Medinet is a sign of the growing interest of private equity firms in the UK healthcare sector. In recent years, there has been a wave of mergers and acquisitions in the sector, as private equity firms seek to invest in healthcare businesses that are benefiting from the aging population and the increasing demand for healthcare services.
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