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Established
2003
Location
Dublin, -, Ireland
Primary Industry
Healthcare
About
Centric Health Ltd. , based in Ireland, provides a wide range of healthcare services including general medical care, mental health support, and specialized treatments, focusing on preventative healthcare and patient well-being. Centric Health Ltd. specializes in delivering diverse healthcare services.
Founded in 2003 and headquartered in Dublin, Ireland, the company underwent a significant change in ownership structure in January 2018 when Five Arrows Principal Investments acquired a majority stake. Maurice Cox serves as CEO, leading the firm through its strategic developments. The company has engaged in 4 total funding deals, with the latest round being a Buyout of EUR 20. 00 mn from Metric Capital Partners, matching the total amount raised of EUR 20.
00 mn. Centric Health offers a comprehensive range of healthcare services, with a primary focus on general medical care, mental health support, female health services, dermatology, and joint injection therapies. The company operates a network of clinics across Dublin South, Dublin North, Leinster, Munster, Connacht, and Ulster, catering to a diverse patient base. Their services address various healthcare needs from routine check-ups to specialized treatments like hormone replacement therapy and skin condition management, emphasizing preventative healthcare to maintain overall patient well-being.
In 2017, Centric Health generated revenue of EUR 30,136. 30, with an EBITDA of EUR 1,205,719. 90. The company primarily earns revenue through direct patient transactions for consultations, medical treatments, and specialized therapies, operating on a B2C model where patients pay for services directly.
Consultations are priced at EUR 55 per visit, covering standard and specialized medical consultations, while partnerships with insurance providers may further enhance access to their services for specific client segments. In January 2018, Centric Health entered into a strategic partnership with Five Arrows Principal Investments to expand its services and reach. The company aims to introduce new healthcare services aimed at further enhancing patient care. Additionally, Centric Health plans to expand its operations into new geographic regions, including targeting underserved areas across Ireland for increased healthcare access.
Recent funding will support these initiatives, allowing for the enhancement of service offerings and geographic reach.
Five Arrows
Healthcare
Diagnostic, Medical & Imaging Laboratories, Clinics/Outpatient Services
www.centrichealth.ie/
| Fiscal Year Ended | Jun 30, 2008 | Jun 30, 2009 | Jun 30, 2010 | Jun 30, 2011 | Jun 30, 2012 | Jun 30, 2013 | Jun 30, 2014 | Jun 30, 2015 | Jun 30, 2016 | Jun 01, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 21,847,000 | 26,344,000 | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | 20.6% | - | - | - | - | - | - | - |
| EBITDA (USD) | (832,822) | (420,000) | 1,970,000 | - | - | - | - | - | - | - |
| Operating Income (USD) | (941,093) | (1,676,000) | 683,000 | - | - | - | - | - | - | - |
| Operating Margin | - | (7.7%) | 2.6% | - | - | - | - | - | - | - |
| % EBITDA Margin | - | (1.9%) | 7.5% | - | - | - | - | - | - | - |
| NET Income (USD) | (1,292,132) | (2,221,000) | (193,000) | - | - | - | - | - | - | - |
| % Net Margin | - | (10.2%) | (0.7%) | - | - | - | - | - | - | - |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Centric Health Ltd. | - | ||||||||
| Sale to Management | Completed | Centric Health Ltd. | - | ||||||||
| Unspecified Exit | Completed | Centric Health Ltd. | - | ||||||||
| Buyout | Completed | Centric Health Ltd. | - |
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