Hill Dickinson advises private equity firm Palatine on Redmoor Health investment
Hill Dickinson advises private equity firm Palatine on Redmoor Health investment
Commercial law firm Hill Dickinson has advised Palatine Private Equity on a ‘significant’ investment in digital healthcare services partner Redmoor Health.
Redmoor Health, based in Chorley, Lancashire, was founded in 2017 and is a trusted partner of the NHS, providing it with a range of digital transformation expertise, from design and project management to implementation and analytics. Investment in Redmoor Health at this stage of its growth represents Palatine’s final investment from its First Impact Fund, which was specifically created for companies that are tackling social issues including inequalities in education, access to healthcare and climate change.
Commenting on the deal, Hill Dickinson corporate partner David Mkhitarian said: “The rapid advances in digital healthcare technology has been one of the major success stories to emerge from the pandemic. Palatine will support Redmoor throughout this next step in the company’s growth trajectory and we were delighted to act as legal advisers in what we hope will prove to be a very successful partnership.”
The provision of legal advice to Palatine was led by Manchester based corporate partner David Mkhitarian, legal director James Down and associates Graeme Anderson and Rachael Sykes, assisted by a multidisciplinary team comprising Alasdair Mackinnon (Banking), Frederick Timmins (Banking), Nicola Brand (Employment), Jon Pearson Basudev (Real Estate), Natasha Bradley (Real Estate), James Lonsdale (TMT and IP), Saba Mumraz (Commercial), Rob Eakins (Commercial), Frances Bailey (Pensions), Barry Gibb (Pensions) and Paula Warnock (Pensions).
Greg Holmes led the deal for Palatine along with partner Beth Houghton, head of Palatine’s Impact Fund. Both will join the board of Redmoor Health.