London-based mid-market private equity firm Livingbridge has invested in AJM Healthcare, which provides services for more than 100,000 wheelchair users across 13 locations.
The investment has been made through Livingbridge’s Enterprise 3 fund, which invests in fast growth SMEs. As part of the transaction management have reinvested in the business.
On its website, Livingbridge stated that its partnership will support Hailsham, East Sussex-based AJM’s continued growth and enable more service users to benefit from AJM’s service delivery.
James Titmuss at Livingbridge, said: “We are very pleased to be partnering with such an inspiring company as AJM Healthcare. Our focus will be on helping the business to offer its vital services to more wheelchair users, while preserving the high standards of care and clinically led model that are so valued by commissioners and service users.”
Stephen Peck, chief executive of AJM Healthcare, added: “We are delighted to be taking this next step in our growth journey with Livingbridge, a partner with an abundance of experience in the healthcare sector, and one that shares our vision of delivering wheelchair contracts the right way.”
Date published: July 16, 2021