Acacium Group
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Acacium Group - overview
Established
1983
Location
London, -, UK
Primary Industry
Outsourcing
About
Acacium Group is a healthcare services provider specializing in flexible workforce solutions, catering to both public and private sectors to enhance healthcare delivery efficiency. Acacium Group was founded in 1983 in London, UK, and provides healthcare staffing solutions. The company underwent a significant acquisition in April 2020 when Onex, in partnership with management, acquired Independent Clinical Services Group Limited. Acacium Group is currently led by CEOs Mike Barnard and Paul Strouts.
The company has been involved in 6 deals to date, with its most recent funding round being a Secondary Buyout that raised GBP 110. 00 mn from Blackstone Group and Columbia Threadneedle Investments, bringing the total amount raised to GBP 110. 00 mn. Acacium Group specializes in delivering comprehensive healthcare workforce solutions, utilizing both bank and agency staff to meet client needs in the healthcare and social care sectors.
The company addresses workforce challenges such as attrition and operational issues for healthcare providers across the UK, Australia, and Europe. Its diverse client base includes hospitals, social care organizations, and life sciences companies, ultimately aimed at enhancing the quality of care in health and social care systems. In 2023, Acacium Group reported a revenue of GBP 17,337,967. 90 with an EBITDA of GBP -486,378.
60. The company's revenue model is primarily based on B2B transactions with healthcare delivery partners, which includes fixed contracts and on-demand staffing solutions tailored to the operational requirements of various clients. Looking ahead, Acacium Group aims to expand its staffing services through strategic acquisitions and enhancements of its service offerings. The recent GBP 110.
00 mn funding from the Secondary Buyout will support these initiatives. The company is focusing on extending its reach into additional European markets and potentially in Australia, ensuring that its workforce solutions align with diverse healthcare delivery needs. The acquisition of Independent Clinical Services Group Limited is expected to bolster these efforts by enhancing service capabilities and market penetration.
Current Investors
TowerBrook, Onex
Primary Industry
Outsourcing
Sub Industries
Recruitment/Executive Search, Healthcare
Website
www.acaciumgroup.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Acacium Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Sumo Medical Staffing, LLC | - | ||||||||
| Add-on, Trade Sale | Completed | Favorite Healthcare Staffing Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | CHS Healthcare | - | ||||||||
| Secondary Buyout | Completed | Acacium Group | - | ||||||||
| Private Debt | Completed | Acacium Group | - |
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