Healthcare VC firm Apposite invests in UK homecare company

The new group’s consolidated turnover totalled in excess of £13m (€14.5m) in 2009. Other financial terms were not disclosed.

Apposite partner Steve Adkin said, “We are very pleased to have completed this complex deal which provides a platform to develop the provision of healthcare services at home. We are excited about home healthcare where we see demographics and government policy driving tremendous growth opportunities.”

SureCalm Healthcare specialises in stoma and continence home delivery and care services. The company is headquartered in Surrey, UK, and operates through three local regional centres, offering a personal and locally based service across the UK.

The new management team is led by Kevin Hodges, who served at the UK division of healthcare group ConvaTec, and is currently chair of the Stoma and Continence Manufacturers Section of the British Healthcare Trades Association.

Hodges said, “I am looking forward to working with the new team to further strengthen our service offerings and geographical exposure and fulfil our ambition to become a national player in home delivery and care services for patients suffering from chronic conditions.”

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