MergerLinks Header Logo

Announced

Appello to acquire Medvivo’s Careline business.

Synopsis

Appello, the UK’s largest telecare monitoring provider, agreed to acquire Medvivo Careline, the telecare and out of hours call monitoring service business, from Medvivo Group. Financial terms were not disclosed. “Medvivo Careline have delivered quality service for their customers for many years and we look forward to continuing that tradition. We felt a strong synergy because of our respective emphasis on service excellence and were attracted by their diverse customer base – from supported residential developments to individuals living in their own homes in the community. The acquisition represents the continuation of our ambitious growth strategy and reinforces our position as the leading provider in the UK of both telecare monitoring and digital telecare services,” Tim Barclay, Appello CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US