Archus lands £9 million investment to drive international growth
Bristol based healthcare infrastructure specialist Archus has received a major new investment – worth £9 million – to drive its international growth campaign.
Initially launched in the south of England, Archus is a team of experts that provides strategic and infrastructure advice to health and social care clients. Organically and through acquisitions, it has since grown into six offices across the UK, and now has its sights set on international expansion.
Last year saw a successful mobilisation in Ireland, with the launch of presences in Dublin and Cork. Looking to build on that momentum, Archus is aiming to add locales in Canada – part of the huge North American market – and Australia.
To deliver on those goals, Archus, has been boosted by a £9 million injection of funding from BGF – a growth capital investment company based in the UK and Ireland. Set up in 2011, BGF has since invested £3.5 billion in over 500 companies, and also has outlets in Canada and Australia – aligning well with Archus’ aims.
Daniel Tapson, an investor at BGF, said, “Archus’ expertise and credibility across all aspects of healthcare infrastructure is impressive and presents an exciting growth opportunity. We’re looking forward to partnering with Archus and its excellent management team on the next phase of their growth journey.”
Tapson will join Archus’ board as part of the deal. In addition, Karen Thomas-Bland will be joining Archus as non-executive chair. With over 25 years’ experience leading enterprise-wide business transformations and a background in consultancy (including at KPMG and IBM Consulting), she has long-standing expertise in creating sustainable, long term business strategies and will support Archus as it continues to expand into new territories.
Thomas-Bland added, “Archus has all the ingredients I look for in joining a business, a fantastic management team, exciting growth strategy and a strong culture and purpose. Archus’s ability to work across healthcare infrastructure from strategy to implementation and deliver an exceptional client experience positions the business really well for continued growth. I am super excited to be part of the growth journey moving forward.”
Improving healthcare
Healthcare systems and organisations continue to face a time of both challenge and opportunity.
Shane Dineen, UK and Ireland Managing Director at Archus, said that BGF’s investment will be a significant enabler in expanding the firm’s work with clients aimed at creating a sustainable healthcare infrastructure and shape the future of healthcare delivery.
“BGF was a natural partner for us given an alignment of values, a proven track record of supporting people-based businesses and a flexible approach to investment. I would like to thank our clients, our partners and our people for their hard work and commitment over the last six years. Their efforts have contributed both to the success of our business and most importantly, to improving the health outcomes of the communities we serve.”
Dealmakers
Throughout the deal, BGF received advice from Ashfords and PKF Francis Clark. Meanwhile, Archus received corporate finance advice from FRP, tax support from Grant Thornton, and legal guidance from Addleshaw Goddard.