Electiva Expands with Clinica Medica Acquisition Amid Rising Demand for Private Healthcare in the UK

Deal News | Dec 03, 2024 | EIN

Electiva Expands with Clinica Medica Acquisition Amid Rising Demand for Private Healthcare in the UK

Electiva has announced the acquisition of Clinica Medica, a Glasgow-based clinic, underlining its commitment to expanding its presence in the UK's private healthcare sector. This acquisition marks a notable step forward in Electiva's strategy to enhance its national general healthcare services and online pharmacy offerings, driven by growing consumer demand. The healthcare landscape is transitioning towards more online services, with the share of online pharmacy users in the UK projected to rise from 27% to over 60% by 2028. Electiva's current services focus on hospital-based elective surgeries and health assessments, including hormone replacement therapies. The acquisition of Clinica Medica, which also brings Dr. Awfa Paulina into Electiva as a private General Practitioner, provides a strategic platform for future service expansion. Planned developments include comprehensive health assessment packages with on-site lab tests and rapid diagnostics. According to Tony Veverka, Mergers and Acquisition Director at Electiva, the acquisition reflects the changing healthcare demand in the UK, emphasizing the need for online pharmacy options and quick diagnostic services.

Sectors

  • Healthcare
  • Pharmaceuticals

Geography

  • United Kingdom – Electiva is expanding its healthcare offerings within the UK, and Clinica Medica is based in Glasgow, UK.

Industry

  • Healthcare – The article discusses Electiva's acquisition of Clinica Medica, expanding healthcare services.
  • Pharmaceuticals – Electiva's online pharmacy services are a significant focus of the acquisition.

Financials

  • 60 percent – Projected share of online pharmacy users in the UK by 2028.

Participants

NameRoleTypeDescription
ElectivaAcquirerCompanyElectiva is a healthcare provider expanding its services across the UK.
Clinica MedicaTargetCompanyA Glasgow-based clinic acquired by Electiva to enhance its healthcare and pharmacy services.
Dr. Awfa PaulinaPrivate General PractitionerPersonOwner of Clinica Medica, joining Electiva post-acquisition.
Tony VeverkaMergers and Acquisition DirectorPersonAn executive at Electiva overseeing the acquisition process.