We’re pleased to announce that Sphere, alongside RMB Corvest, has partnered with Bay Tree Private Equity (“Bay Tree”) to complete an investment in Medicare Insourcing Services Limited (“Medicare”), a leading provider of clinical insourcing services to the NHS in the United Kingdom.
Founded in 2018, Medicare partners with NHS Trusts to provide additional clinical capacity, helping reduce waiting lists and improve patient outcomes. The business delivers high-quality insourcing solutions across diagnostics and outpatient services, deploying experienced clinical teams directly within NHS facilities.
As part of the transaction, Stephen Collier has been appointed Chair. Stephen brings significant experience supporting and scaling healthcare services businesses and will work closely with the management team and Bay Tree to support Medicare’s next phase of growth.
Michael Cole, Senior Associate at Sphere, commented: “We are delighted to deepen our partnership with Bay Tree, bringing together our collective capital, networks and insights to support the growth of impactful businesses”
