Marcol-backed HealthHero acquires Eight Roads-backed Doctorlink

The deal sees Eight Roads make a full exit from Doctorlink.

Marcol acquired Medical Solutions, a remote GP service, in July 2017, using debt provided by Banco Santander. The firm launched HealthHero following the acquisition of a 90% stake in telemedicine startup Fernarzt in August 2020.

Previous funding
Eight Roads invested £20m in Doctorlink in October 2017 to assist in the expansion of its business reach.

Company
Doctorlink is a digital triage provider serving GP surgeries in the NHS across the UK, facilitating video consultations. Founded in 2016 and based in London, the business generated £3.8m in turnover in the year to 30 June 2020, with negative EBITDA of -£7.6m.

People
HealthHero – Ranjan Singh (CEO, co-founder).
Doctorlink – Rupert Spiegelberg (CEO).

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• Topics
• Portfolio management
• Exits
• UK / Ireland
• Healthcare
• healthcare
• United Kingdom
• Build-up
• Buy-and-build
• Trade sale