Health tech firm backed by private equity investor Palatine

By Redmoor Health Ltd

12 Oct 2022

rh-palatine.jpg

Palatine has announced a ‘significant investment’ in rapidly-growing, digital healthcare services partner Redmoor Health. 

Founded in 2017, Chorley-based Redmoor Health is a trusted partner of the NHS for all things digital technology.

It provides a range of digital transformation expertise from design and project management to implementation and analytics.  

As a family-run business with a mission to improve patient outcomes and improve service delivery Redmoor has secured investment from Palatine’s Impact Fund, which backs commercially driven businesses with a mission to positively impact society or the environment.  

Redmoor represents the final investment from Palatine’s first Impact Fund, which was the UK’s first dedicated returns-focused Impact Fund raised by a mid-market private equity house and was created to invest in companies that are tackling some of the biggest issues we face in society, such as inequalities in education and jobs across UK regions, access to healthcare and climate change. 

Redmoor Health founder and CEO Marc Schmid co-owns the business with his wife Alison and said: “We’ve grown the business to 30 staff over five years without investment but believe Palatine will take us to the next stage of our growth journey.  

“We were approached by 13 different investors but found that Palatine best matched our values, culture and commitment to improve healthcare and the environment. 

“The pandemic highlighted the value that technology can make to healthcare and we look forward to accelerating our growth with Palatine as our partner.” 

Impact Fund investment manager Greg Holmes led the deal for Palatine alongside Partner Beth Houghton, the head of Palatine’s Impact Fund. Both will join Redmoor Health’s board. 

Holmes said: “Marc, Alison and the team have done an outstanding job of driving rapid growth in the business already.

“Far from taking their feet off the gas, they have a compelling growth strategy which we are excited to develop, through a focus on value enhancement, magnifying their impact and investing in the team and infrastructure. 

“We have a huge amount of experience in both the healthcare and technology sectors across our Impact and Buyout Funds, and we look forward to seeing the partnership blossom.” 

The deal builds on the leading mid-market investor’s strong track record in the healthcare and digital sectors, which includes successful investments in Routes Healthcare, tranScrip, Veincentre, FourNet and Acora. 

Palatine was advised by Cortus (financial), Candesic (commercial), Hill Dickinson (legal), Panamoure (technology), RSM (tax) and The Quinn Partnership (management). Redmoor Health was advised by Freeths (legal) and Shorts (tax). 

Latest news

1

Lancashire marina bought by Aquavista Fettlers Wharf Marina

Lancashire marina bought by Aquavista

18 Aug 2025

2

Work starts on new business units at Enterprise Zone Danny Pinkus Cllr Mark Smith and Robert Pinkus at Phase Two Of Enterprise Court

Work starts on new business units at Enterprise Zone

15 Aug 2025

3

Preston City Council helps lift the weight of setting up in business Freya Wood (Female Body Workouts), Mayor of Preston, Cllr Sue Whittam, Becky Platt (FBW) and Nina Cowell, Project Manager at Selnet

Preston City Council helps lift the weight of setting up in business

15 Aug 2025

4

Digital drive helps five companies on one industrial estate to embrace technology for growth Mark Haworth MJH Joinery Paul Bimpson Reverse Engineering Andy Walsh Rustic Tubs Sarah Woodhams Made Smarter Steve Hill Surefit Lee Ellis And Mike Cripps CE Aluminium Systems

Digital drive helps five companies on one industrial estate to embrace technology for growth

15 Aug 2025

5

University of Central Lancashire rises nine places in latest national league table article placeholder listing image

University of Central Lancashire rises nine places in latest national league table

15 Aug 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Sub36 Networking - Follow the signs
Sub36 Deaf Village Social1200
Networking
17 Sep 2025

Sub36 Networking - Follow the signs

The Deaf Village, Blackburn, BB2 5EN

10:00 - 12:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

The Business Network Central & East Lancashire
LBV Header (24).png.png
LBV Hub Networking
21 Aug 2025 - 21 Aug 2025

The Business Network Central & East Lancashire

Mytton Fold, Langho, BB6 8AB

11:30 - 14:15

Morecambe Bay Walk
Walk.jpg.jpg
LBV Hub Awards
30 Aug 2025 - 30 Aug 2025

Morecambe Bay Walk

Arnside, CARNFORTH, LA5

09:30 - 14:00

Tri-Site Survey Equipment Showcase
Linkedin Cover.jpg.jpg
LBV Hub Seminars
03 Sep 2025 - 03 Sep 2025

Tri-Site Survey Equipment Showcase

Harewood House , Leeds, LS17 9LG

09:30 - 16:00

Longridge Soap Box Derby
Screenshot 2025-06-10 090035.png.png
LBV Hub Fundraisers
14 Sep 2025 - 14 Sep 2025

Longridge Soap Box Derby

Berry Lane, Longridge, PR3 3WH

10:00 - 16:30

Preston Tech Connection - The Ultimate Tech Quiz!
Preston Tech Connection Sept 25.png.png
LBV Hub Networking
16 Sep 2025 - 16 Sep 2025

Preston Tech Connection - The Ultimate Tech Quiz!

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:00

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

Preston Freelancer Meet-Up: September
Sept Freelancer (1).png.png
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Preston Freelancer Meet-Up: September

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Speed Networking with BNI
2.png.png
LBV Hub Networking
24 Sep 2025 - 24 Sep 2025

Speed Networking with BNI

Chorley Football Club, Chorley, PR7 3DU

16:00 - 19:00

Help to grow management course
Help to grow - barriers to growth.png.png
LBV Hub Seminars
26 Sep 2025 - 16 Dec 2025

Help to grow management course

Preston Campus , Preston , PR1 2HE

09:00 - 15:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV 123 Online Graphic
Subscribe now

Weekly news bulletin