Radar Healthcare Secures Growth Investment from Marlin Equity Partners
Leeds, UK – November 8, 2024 – Radar Healthcare, a leading provider of risk, quality, and compliance software for the healthcare and social care sectors, today announced a majority growth investment from Marlin Equity Partners. The partnership will support Radar Healthcare’s strategic goals of advancing product development and accelerating its international expansion.
Radar Healthcare’s Co-Founders, Paul Johnson and Lee Williams, alongside 24Haymarket, the Company’s majority shareholder since 2017, will retain minority stakes in the business.
Paul Johnson, CEO of Radar Healthcare, commented:
“We are thrilled to partner with Marlin to accelerate our growth and further enhance our product offering. As the demand for unified systems to support care delivery continues to grow, this investment allows us to scale our solutions to meet the evolving needs of our customers across healthcare and social care. The Marlin team showed a profound understanding of our value proposition and strong alignment with our growth ambitions.”
Marlin Equity Partners expressed enthusiasm for the collaboration. Chris Clasper, Principal at Marlin, remarked:
“The Radar Healthcare team has developed an innovative and customer-centric platform that is uniquely positioned to support the mission-critical needs of healthcare and social care providers. We are excited to work alongside the founders and management team to provide operational and financial resources that will support Radar Healthcare’s continued growth.”
The investment signals a commitment to driving innovation and excellence within the healthcare and social care markets, enabling Radar Healthcare to enhance its platform and expand its footprint on a global scale.
Dwf. acted as an advisor to Radar Healthcare in connection with the transaction.
About Radar Healthcare
Radar Healthcare empowers health and social care organisations to make a meaningful impact on patient safety and quality of care. By blending digital innovation with real-world healthcare expertise, Radar Healthcare enables providers to not only meet regulatory standards but to actively spot trends, prevent incidents, and drive continuous improvement. Designed with flexibility and adaptability in mind, and with a deep understanding of the daily challenges in health and care, Radar Healthcare is dedicated to evolving alongside the industry, delivering a system that is valued for its role in shaping safer, more effective care. For more information, please visit www.radarhealthcare.com.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with approximately $9 billion in capital commitments. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed nearly 250 acquisitions. The firm is headquartered in Los Angeles, California, with an additional office in London. For more information, please visit www.marlinequity.com.