CVC DIF, the infrastructure strategy of leading global private markets manager CVC (via its CIF III fund), is pleased to announce the acquisition from medneo Group of medneo UK, a leading diagnostic imaging company, specialising in the provision of mobile MRI and CT scanners, and imaging services.

medneo UK is an expert provider of diagnostic imaging services to NHS Trusts and healthcare providers across the UK. Through its fleet of more than 20 state-of-the-art mobile scanners and its London centre, the business’ highly skilled team of radiographers provide MRI and CT imaging services to more than 130,000 patients a year. medneo UK’s existing management team will continue to lead the company under CEO, Andy Spellman.

medneo UK will be acquired from medneo Group, an innovative diagnostic-imaging operator solution with operations in the UK, Germany and Switzerland. medneo’s UK business was established in 2018.

Willem Jansonius, Partner and Head of CIF Investments at CVC DIF, says: “We are delighted to have agreed to support the next stage of medneo UK’s growth journey. medneo UK has an excellent reputation for providing essential services within the UK healthcare system that improve patient outcomes. We look forward to working with Andy Spellman and his team to continue to grow the business including providing further investment to expand their fleet of scanners.”

Andy Spellman, CEO of medneo UK, added: “Myself and the whole medneo UK team look forward to working in partnership with CVC DIF to continue to deliver outstanding services for our patients and customers. medneo UK’s success to date is due to the hard work of the medneo UK team, and with CVC DIF’s support we will be able to expand our services to serve even more patients whilst maintaining our focus on exemplary patient and customer care.”

CVC DIF has been advised by Travers Smith (legal advisor), LEK (commercial advisor), KPMG (financial and tax advisor) and Marsh (insurance advisor). medneo Group has been advised by Alantra (corporate finance advisor), Freeths (legal advisor), BDO (financial and tax advisor) and CIL (commercial advisor).

CVC DIF (formerly DIF Capital Partners) is a leading global mid-market infrastructure equity fund manager.

Founded in 2005 and headquartered in Amsterdam, the Netherlands, CVC DIF has c. €18 billion of infrastructure assets under management in energy transition, transport, utilities and digitalisation.

With over 240 people in 12 offices, CVC DIF offers a unique market approach, combining a global presence with the benefits of strong local networks and sector-focused investment capabilities.

CVC DIF forms the infrastructure strategy of leading global private markets manager CVC. This partnership allows CVC DIF to benefit from CVC’s global platform, with 29 offices across five continents.

medneo UK, is a leading diagnostic imaging business, specialising in the provision of mobile MRI and CT scanners. The business was founded by Andy Spellman in 2018, who has grown the business to a fleet of 20 scanners supported by a team of 130+ employees. medneo UK is dedicated to delivering state of the art diagnostic solutions to improve patient care and outcomes.

https://medneo.co.uk/

medneo was founded in 2011 and specialises in ‘Radiology as a Service’ with its own diagnostic platforms and an international teleradiology network. medneo offers its customers (including; physicians, hospitals and research institutes) fully equipped diagnostic-imaging platforms (mostly MRI and CT), including the entire non-medical operation and management of the diagnostic value chain, resulting in cost reduction and an increase in quality.

www.medneo.com

Renate Klöters