During YFM’s ownership, Mangar Health achieved several key milestones:
- Expanded its product range to meet the growing needs of healthcare professionals and individuals with mobility challenges.
- Increased its international footprint, securing distribution agreements across Europe, North America, and Asia.
- Enhanced its manufacturing capabilities, ensuring high-quality and scalable production.
- Grew its customer base, with significant sales to healthcare providers, emergency services, and private customers worldwide.
Outcome
In 2018, YFM successfully exited its investment in Mangar Health through a sale to Winncare Group, a leading European manufacturer of healthcare and medical products. The transaction delivered a 2.7x return for YFM investors, reflecting the value created during the partnership. The acquisition by Winncare provides Mangar with access to additional resources and a broader global network, enabling further growth and innovation in the assistive technology market.