Ireland's Medmark lands up to €70m from Phoenix Equity Partners
What's the deal? MedmarkDealroom has a profile for this one. Try Dealroom →, Ireland's largest occupational healthcare provider, has secured up to €70 million in growth equity from UK mid-market firm Phoenix Equity PartnersDealroom has a profile for this one. Try Dealroom →. The company plans to use the funds to expand its clinical teams and enhance its digital health platforms.
What's the endgame? Medmark called the deal a "major milestone" following "a period of sustained expansion." It aims to accelerate strategic initiatives already under way across the business.
Where the money goes: Medmark will invest in clinical and operational teams, technology and digital health platforms, customer reporting and service delivery capabilities, and broader geographic reach. It also plans to pursue complementary acquisition opportunities and develop new services for employers across Ireland.
Why it stands out: The investment is in the region of €70 million, a significant figure for an established occupational health services provider. Medmark said the deal will support its next stage of growth, with Phoenix providing board-level involvement, capital investment and operational expertise.
Read more: The Irish Times
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