Agilio Software, a Sheffield-headquartered frontline healthcare operations software provider, has secured strategic growth investment from Five Arrows, the alternative assets arm of Rothschild & Co., and TA Associates, a global private equity firm, to support the next phase of the company’s expansion plans.
Founded in 2019, Agilio offers a suite of products that help healthcare professionals automate and optimise critical operational functions, such as workforce management, compliance and clinical assets tracking.
“In the four years since our inception, with support from founding investor August Equity, we have realised our vision of introducing professional, integrated solutions into frontline healthcare settings,” said Dr. Sati Sian, Agilio Chairman. “We are now ready to scale up further and are delighted to welcome two world-class investors in the form of Five Arrows and TA to support us on the next stage of our journey.”
“Our user-friendly, integrated systems are helping thousands of under-pressure frontline healthcare providers work more efficiently every day,” added Neil Laycock, Agilio CEO. “This partnership with Five Arrows and TA will help us deliver new products and services for our core UK and Netherlands markets as we continue to expand into new customer sectors. We also plan to expand into multiple new countries where we believe there is strong demand for our solutions.”
TA and Five Arrows’ investment will support Agilio to bolster product development and innovation, expand into new verticals beyond primary care, dental and veterinary, and accelerate international growth, following its first expansion into Europe with an acquisition in the Netherlands in 2022.
“We have tracked Agilio for several years and have been deeply impressed by the company’s journey thus far. Through several strategic acquisitions and a continued commitment to innovation, Agilio has built a market-leading software platform that improves patient care and meets the evolving needs of healthcare providers,” said Naveen Wadhera, Managing Director at TA.
“Agilio is well-positioned to further strengthen its suite of solutions and expand its geographic footprint. We are delighted to support the company on the next chapter of its growth as it looks to further enhance its user experience,” added Kunal Pandit, Managing Director at Five Arrows.
“The leadership team at Agilio has done a fantastic job in growing the business into the UK’s leading healthcare operations software provider,” said Mike Biddulph, Partner at August Equity. “It has been a privilege to support them on their initial journey and achieve such strong and dynamic growth. We are confident that the business will continue to thrive under the stewardship of Five Arrows and TA.”