RLDatix has acquired digital care planning and management software provider Carebeans.
It means the exit of North West fund manager, River Capital, which says it has delivered a three times return on its investment in the Cheshire firm.
“Our investment in Carebeans exemplifies River Capital’s commitment to supporting innovative and high potential early-stage businesses with a strong management team,’ stated David Walters, the Investment Director at River Capital who led the original investment and helped bring in Ashvin Pathak as its Chair.
Carebeans works in the social care sector and is cloud-based digital care planning and management platform for Care Homes, Supported Living, Domciliary Care and staff management. It is one of the first health tech companies of its kind to be added to the NHS’ assured supplier list.
“The value fit between Carebeans and RLDatix was immediately clear – not just the commitment to delivering integrated health and care solutions, but the shared focus on empowering providers to deliver higher-quality and safer care for patients and those receiving social care,” said Nick Lawford, Chief Executive at Carebeans.
“Our combined resources, strategic expertise and innovative products leaves me feeling excited about the future trajectory of our industry.”
RLDatix provides connected healthcare operations software and services across compliance, risk, governance, and workforce management solutions.
“As we strive for better connected healthcare operations in the broader NHS health and care settings, care coordination is critical,” said Jeff Surges, CEO of RLDatix.
“Carebeans’ software enables RLDatix to provide additional capabilities to the market through integration with our award winning QCS compliance solutions.”
Last month Carebeans merged with Quality Compliance Systems (QCS).
