M&A Deal Summary

Livingbridge Acquires AJM Healthcare

On July 15, 2021, private equity firm Livingbridge acquired medical products company AJM Healthcare from WestBridge

Acquisition Highlights
  • This is Livingbridge’s 1st transaction in the Medical Products sector.
  • This is Livingbridge’s 121st transaction in the United Kingdom.

M&A Deal Summary

Date 2021-07-15
Target AJM Healthcare
Sector Medical Products
Buyer(s) Livingbridge
Sellers(s) WestBridge
Deal Type Secondary Buyout

Target

AJM Healthcare

Hailsham, United Kingdom
AJM Healthcare is a provider of a wide range of mobility and community equipment solutions. AJM Healthcare offers wheelchair, mobility, procurement, disabled equipment, and other services. AJM Healthcare was founded in 1983 and is based in Hailsham, United Kingdom.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Livingbridge

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 3.8B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Livingbridge is a UK-based investment group focused on investing in and growing mid-sized companies. The Firm targets businesses seeking £15 to £300 million of capital. Prospective companies should have 'ambitious mangement', scalable business models, and potential for market leadership. Sectors of interest include technology, media, communications, consumer products/services, healthcare, and education. Livingbridge was formed in 1995 and is based in London.


DEAL STATS #
Overall 137 of 150
Sector: Medical Products M&A 1 of 1
Type: Secondary Buyout M&A Deals 16 of 22
Country: United Kingdom M&A 121 of 132
Year: 2021 M&A 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-05 World of Books

West Sussex, United Kingdom

World of Books sells used books online to over 190 countries worldwide. Its inventory has grown to over 7 million items in stock, and it sells a book somewhere in the world every two seconds. World of Books was founded in 2008 and is based in West Sussex, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-30 North

Glasgow, United Kingdom

North is a technical integrated technology specialist delivering end-to-end networking and IoT application design, implementation, support, and managed services throughout the UK. North prides itself on driving innovation and leading the industry in adoption of emerging technologies. North is based in Glasgow, United Kingdom.

Buy -

Seller(S) 1

SELLER

WestBridge

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
PE ASSETS 180M GBP
Size Small
Type Sector Agnostic
DESCRIPTION

WestBridge Capital is a private equity firm that invests in growth-oriented, small and medium sized enterprises based in the UK. WestBridge focuses on profitable companies with proven business models and experienced management teams. WestBridge looks to invest £10 to £25 million in businesses valued between £15 and £60 million. Areas of interest include healthcare, financial services, business services, leisure, technology, industrial and retail. The Firm will not consider investments in biotech and real estate. Prospective transaction situations include buyouts, growth capital financings, buy and builds, and recapitalizations. WestBridge was formed in 2008 and is based in London.


DEAL STATS #
Overall 6 of 8
Sector: Medical Products M&A 1 of 1
Type: Secondary Buyout M&A Deals 3 of 3
Country: United Kingdom M&A 6 of 8
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-28 Channel 3

Cardiff, United Kingdom

Channel 3 designs, implements, and optimizes digital transformation programs for the health and care sector. The company helps clients harness technology to improve patient outcomes, enhance services, and boost operational efficiency. Channel 3 was founded in 2009 and is based in Cardiff, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-25 bChannels

Oxford, United Kingdom

bChannels is a global marketing and data services agency specializing in the channel. The company has helped global technology vendors accelerate revenue growth to and through channel partners for over 22 years through its portfolio of digital marketing, partner enablement, and data intelligence services. It provides a genuine presence in all regions and has a deep understanding of the cultural, economic, and market dynamics within them. This ensures the delivery of program and project outcomes that maximize the sales potential in every partner network. bChannels was formed in 1999 and is based in Oxford, United Kingdom.

Sell -