Qbitus Products Limited
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Qbitus Products Limited - overview
Established
1985
Location
-, -, UK
Primary Industry
Medical Devices & Equipment
About
Qbitus Products Limited is a UK-based company specializing in bespoke pressure-relieving solutions for healthcare. Their products enhance comfort and safety for individuals with limited mobility, particularly in hospital and community settings. Qbitus Products Limited, founded in 1985 in the UK, focuses on developing specialized healthcare solutions. The company was acquired by Direct Healthcare Group Limited, a portfolio company of NorthEdge Capital, in May 2018.
The founder's history is not specified. The firm has completed a total of 1 deal, with the most recent deal occurring on 2018-05-18. Qbitus specializes in providing a range of bespoke pressure-relieving solutions designed primarily for the healthcare sector, focusing on postural and pressure-relieving seating products. Their core offerings include the Mercury® Range, Mercury® Xtreme Range, Q-Air Range, Q-Care Range, and Dynamic Range, each tailored for specific applications, such as community nursing and general healthcare settings.
These products are engineered to alleviate pressure on individuals with limited mobility, thereby mitigating the risk of pressure ulcers and enhancing comfort during prolonged seating. Qbitus primarily serves the National Health Service (NHS) in the United Kingdom and community healthcare providers, ensuring their solutions reach a diverse clientele including hospitals, care homes, and individual patients requiring specialized seating solutions. The company’s products are designed for use across various geographical markets, particularly in the UK, and are potentially expanding into broader European markets, addressing the growing demand for effective healthcare solutions in those regions. In 2023, Qbitus generated revenue of USD 2,292,997.
90 with an EBITDA of USD 1,007,373. 50. The company generates revenue through a structured business model involving direct sales to healthcare institutions and partnerships with community nursing organizations. Transactions typically occur on a B2B basis, where bulk orders are made by hospitals and care facilities for their various product lines, including flagship offerings such as the Mercury® and Q-Air ranges.
Each sale is completed through negotiated contracts, ensuring customized solutions based on client needs. The company also offers rental and servicing options, providing additional revenue streams that allow healthcare providers to access their products without full upfront investment while maintaining ongoing support and maintenance. Qbitus Products Limited aims to expand its footprint by developing new product lines that focus on enhanced comfort and pressure relief solutions, with anticipated launches in the upcoming years. The company is targeting broader European markets for expansion by 2025, following its successful establishment within the UK healthcare sector.
The recent acquisition by Direct Healthcare Group Limited in May 2018 will support these initiatives by providing additional resources and strategic direction.
Current Investors
Direct Healthcare Group Ltd.
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Equipment Distributors, Textiles
Website
www.qbitus.co.uk
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Qbitus Products Limited - 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 | Qbitus Products Limited | - |
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