Agilio Receives New Investment From Five Arrows And TA

By Amit Chowdhry • Feb 21, 2024

Agilio – a leading UK frontline healthcare operations software provider –  announced a strategic growth investment from Five Arrows (the alternative assets arm of Rothschild & Co) and TA Associates to support the next phase of the company’s ambitious expansion plans.

Agilio provides a comprehensive suite of best-of-breed products that help healthcare professionals automate and optimize critical operational functions like workforce management, compliance, and clinical assets tracking. And since its founding in 2019, the company has established itself as a market leader in the UK dental and primary care sectors, with many of the top ten dental groups and Integrated Care Board areas using an Agilio system to enhance operations, drive productivity and increase efficiency.

TA and Five Arrows have global expertise and a proven track record of successfully scaling healthcare technology companies. And their investment will support Agilio to:

  1. Bolster product development and innovation, enhancing value for its customers.
  2. Expand into new verticals beyond primary care, dental, and veterinary.
  3. Accelerate international growth, following the first expansion into Europe with an acquisition in the Netherlands in 2022.

The financial terms of the deal were not disclosed.

KEY QUOTES:

“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. 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.”

  • Dr. Sati Sian, Agilio Chairman

“Our user-friendly, integrated systems are helping thousands of under-pressure frontline healthcare providers work more efficiently every day. 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.”

  • Neil Laycock, Agilio CEO

“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.” 

  • 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.” 

  • 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. 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.”

  • Mike Biddulph, Partner at August Equity