Freeths advises Redmoor Health on significant strategic investment
National law firm Freeths has advised digital healthcare services partner Redmoor Health on the receipt of major investment from private equity business Palatine.
Family-run business Redmoor Health, founded in 2017, provides a range of digital transformation expertise from design and project management to implementation and analytics and is a trusted partner of the NHS for all things digital technology.
This investment from Palatine will see Chorley-based Redmoor accelerate its strategic growth plan following significant expansion over the last five years.
Freeths legal team was led by Corporate Partner Dahren Naidoo and Senior Associate Megan Atack with support from Employment Partner Laura Tracey, Intellectual Property and Media Partner Iona Silverman and Senior Associate Alex Angelidas.
Commenting on the deal, Megan Atack, said: “We are delighted to support the Redmoor team on this strategic investment from Palatine – the digital and health markets are obviously very current at the moment and to advise and assist a business that operates in both demonstrates our capabilities in these sectors.”
Dahren Naidoo continued: “Supporting Redmoor further evidences our capabilities in the high growth/owner managed business space with advancement towards private equity investment, and this follows on from various roles we have had over the last 24 months.”
Founders of Redmoor Health Alison and Marc Schmid added: “This was our first round of investment, and we were impressed with the invaluable, professional support that the Freeths team provided. It was great to use a law firm that could co-ordinate all aspects of our business requirements for this transaction.”
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