Corporate finance firm advises health care provider on acquisition

Springboard corporate finance has advised Healthtech platform Nourish Care on the acquisition of solutions provieder Care Planner.

Nourish provides care management software to residential care providers and domiciliary care providers.

Nourish currently serves more than 3,500 residential care providers with its digital care management software and aims to adopt a more holistic approach by widening its net and delivering care management and support in the community.

This deal is the first acquisition for Nourish since the company received investment from the private equity firm Livingbridge in 2022 and is part of their strategic aim of being an end-to-end service provider in the healthcare space.

Further funding for the acquisition was facilitated by NatWest.

Nourish CEO and founder Nuno Almeida commented “When it is done well, social care helps to weave a web of relationships in local communities that add meaning, connection and purpose to our lives. A powerful digital tool keeps everyone informed and coordinated. It also gives the person being cared for a voice. CarePlanner is an ideal partner for us because it enables us to deliver the best possible person-centred care experience in the community.”