Millbrook Healthcare Ltd.

Millbrook Healthcare Ltd. focuses on providing essential services and equipment to create safe home environments for vulnerable populations, supporting independent living through innovative healthcare solutions. Millbrook Healthcare Ltd. was founded in 1995 in the UK, specializing in the delivery and installation of medical equipment and home adaptations.

The company operates under the leadership of CEO Caleb Atkins. With a total of 2 deals concluded, the most recent funding round occurred on November 1, 2019, when CORDET Capital Partners provided debt financing to the company. Millbrook Healthcare specializes in delivering and maintaining medical equipment designed for vulnerable individuals. They provide electric beds, pressure care mattresses, mobility aids, and home adaptations such as stair lifts and grab rails.

Additionally, they excel in Technology Enabled Care (TEC), utilizing alarms, sensors, and telephony systems to aid clients in managing their health needs. Serving local authorities and the NHS in the UK, Northern Ireland, and Scotland, their services cater to specific community care requirements. In the most recent financial year, Millbrook Healthcare reported revenue of USD 148. 55 mn with an EBITDA of USD -5.

63 mn. Their revenue is generated primarily through contracts with local authorities and the NHS for community equipment services and home adaptations, reflecting a B2B transactional model focused on social care agendas. Millbrook Healthcare is looking to enhance its service offerings by designing new products focused on home adaptations, although specific release dates are not mentioned. There are plans for geographical expansion into new regions, aligning with their current operations in the UK, Northern Ireland, and Scotland.

The funding received in November 2019 will be utilized to support these strategic initiatives, emphasizing the growth of their healthcare solutions and TEC services.