Archimed acquires RehabWorks

The deal will finance RehabWork's acquisition of Right Corecare from listed recruitment and human resources group Manpower, in addition to further bolt-ons in future.

The announcement comes on the same day the GP revealed it had acquired a minority stake in Primo, an Italian dental group. As with the Primo investment, the acquisition of RehabWorks was conducted on both a proprietary and debt-free basis.

Archimed is currently investing from its first fund, Med I FIA, which held a final close on €150m in June.

Company
Founded in 1987 and headquartered in Bury St Edmunds, south-east England, RehabWorks is a healthcare provider. The company provides health, injury and rehabilitation treatment for work-related injuries.

People
Robin Filmer-Wilson is a managing partner at ArchiMed.

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