18 Week Support

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18 Week Support - overview

Established

2014

Location

London, England, UK

Primary Industry

Healthcare Specialists

About

Based in London, UK, and founded in 2014, 18 Week Support is a company that offers healthcare services across the country. The firm was acquired in March 2022 by Summit Partners, a growth capital firm. As of August 2024, the company is led by its CEO, Joshua Collins MBA. 18 Week operates as an insourcing provider to the healthcare industry through the NHS Shared business framework ensuring additional clinical capacity to meet increasing clinical demand.


Insourcing refers to providing a trust or organization with a dedicated clinical team to work closely with an internal team when they have spare capacity, typically on weekends. 18 Week’s specialties include new patients’ services, virtual clinics, follow-up patients and perform a comprehensive range of day cases and some inpatient procedures like endoscopy, and radiology along with expertise in clinical areas like general surgery, ophthalmology, trauma and orthopedics, oral and maxillofacial surgery, gynecology, etc. The company offers 7-day service, 365 days a year. As of August 2022, it has worked with over 80 Trusts and Health Authorities in the UK, including partner networks with the Department of Health, NHS England, NHS Improvement, Number 10, HM Treasury, etc.


18 week generates revenue by charging a proportion of the revenue that 18 week's client (like hospitals, clinics, etc) receives from the CCG for the clinical services provided.


Current Investors

Summit Partners

Primary Industry

Healthcare Specialists

Sub Industries

Dermatology, Dental Products & Services, Chiropractic, Orthopedic & Physical Therapy

Website

www.18weeksupport.com/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

18 Week Support - timeline of key events

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18 Week Support - financials

Fiscal Year EndedMar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025
Revenue (USD)28,255,45229,617,42262,742,005---
% Revenue Growth (YoY)-4.8%111.8%---
EBITDA (USD)2,539,1224,223,8667,929,692---
Operating Income (USD)2,456,3504,098,8037,760,037---
Operating Margin8.7%13.8%12.4%---
% EBITDA Margin9.0%14.3%12.6%---
NET Income (USD)1,854,2513,541,8425,936,224---
% Net Margin6.6%12.0%9.5%---

18 Week Support - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompleted18 Week Support-

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18 Week Support - employee data

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