Alantra advised Synova Capital on the management buy-out of 4Ways Healthcare
Alantra has advised Synova Capital on the management buy-out of 4Ways Healthcare.
Established in 2004, 4Ways is a provider of outsourced remote radiology services (‘teleradiology’), a growing market as the number of scans increases and the NHS struggles to meet the demand requirements. The business delivers reporting on a number of scan types including MRIs, CT scans and plain film x-rays to around 40 NHS Trusts and InHealth, a clinical diagnostic provider to 27 clinical commissioning groups in the Greater London area. 4Ways is also increasingly providing services to private healthcare providers.
The completion of this deal provides an exit for the founding shareholders and gives the management team the opportunity with Synova’s support to grow the business further, both organically and via selected acquisitions.