Mangar

Designer and manufacturer of healthcare equipment

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Sector

Lifesciences

Location

Presteigne

Deal type

Management Buyout

Investment size

Undisclosed - 2.7x return

Investment date(s)

2014 - 2018

Website

mangarhealth.com

"Mangar Health has expanded significantly since the YFM investment. We appreciate their practical advice, strategic guidance and support in helping us fuel our continued growth over the past five years. They have been terrific partners and played an important role in helping us achieve our success."

Simon Claridge, CEO of Mangar Health

The business

  • Produces inflatable equipment for use by healthcare professionals when lifting and bathing patients
  • Manufactures its products at a dedicated facility in Presteigne, Wales
  • Well positioned in a growing market, driven by the ageing of the global population

The strategy

  • Grow UK sales in the core local authority and emergency services markets
  • Target opportunities for growth in the care home and consumer sectors
  • Expand the distributor base in Europe, North America and Australia to prove the overseas roll out model
  • Continue design innovation to expand and improve the product range

The developments

  • Grew employee headcount by almost 50% and opened a new sales office in Telford
  • Continued the revenue and profit growth year on year
  • Introduced an independent chair to mentor management and help with strategy
  • Sold to French firm Winncare, generating a 2.7x return in under five years

Related news

YFM exit Mangar Health generating a 2.7x return
YFM exit Mangar Health generating a 2.7x return

14 December 2018

Insider Media profiles YFM success story, Mangar
Insider Media profiles YFM success story, Mangar

30 June 2020

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