9 July 2018
NorthEdge Capital has announced the close of NorthEdge Capital SME Fund I, LP (“SME Fund I”, “the Fund”) at its £120 million hard cap. The Fund was raised from existing investors and enables the firm to broaden its ability to take advantage of attractive investment opportunities in the U.K. regional lower mid-market.Find out more
We are fortunate to be working with a team who not only share our vision for business growth, but fully support our dedication to customer value.
CEO, Direct Healthcare Group
Direct Healthcare Services (DHS) is an award-winning manufacturer of specialist pressure area care products.
Founded in 2009, DHS works with a range of healthcare clients, including acute and community NHS Trusts, and exports to over 20 countries worldwide. The company employs over 80 staff and, in April 2016, secured the prestigious Queen’s Award for Enterprise in Innovation for its Intelligent Pressure Care Management solution.
NorthEdge was drawn to DHS because of the company’s ambitious vision for business growth and unremitting dedication to delivering award-winning, innovative healthcare solutions.
DHS will use NorthEdge’s investment to further its commitment to core IP, expand the team, pursue a buy and build strategy and accelerate growth into international markets.
Graham Ewart, CEO at DHS, said: “The partnership with NorthEdge is a significant milestone for DHS. We are fortunate to be working with a team who not only share our vision for business growth, but fully support our unremitting dedication to delivering the best customer value.
“This funding allows us to accelerate our growth aspirations and continue to invest in what matters most to our customers – delivering genuine innovation. With a top class management team now in place and the support of NorthEdge we are truly excited about what we can achieve together.”