Livingbridge ploughs cash into clinical company

MID-market private equity firm Livingbridge, which has a base in Manchester, has invested in the clinical consulting business Four Eyes Insight and will work with the founders to accelerate growth over the next few years.

The investment was made from the Livingbridge Enterprise 2 fund, which invests up to £10m backing SMEs in the UK.

Four Eyes Insight was founded in 2013 by Dr Henry Carleton and Brian Wells. Leveraging the founders’ clinical experience, the business helps acute NHS trusts across the country identify and implement efficiency and performance improvement projects.

Following the investment Pete Clarke and Louise Kingston from Livingbridge will join the board.

Pete Clarke, partner at Livingbridge, said: “Livingbridge has a track record of working successfully with consultancy businesses and companies working with the NHS so Four Eyes Insight is in our sweetspot. 

“We are very excited about working with such a passionate and well respected management team and see significant growth potential for the business.”

Clearwater International advised the shareholders of Four Eyes, led by partner and head of business services Marcus Archer, supported by director Wesley Fell-Smith and senior associate Daniel Rossington.