Centric Health

Canada Founded: 2001 • Age: 25 yrs Acquired By Audax Group
Specialized healthcare services in surgery, orthotics, and pharmacy are provided.
Annual revenue - Latest available
Total funding $7.7M 6 rounds
Employees 174 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Centric Health

Centric Health is a company based in Canada founded in 2001 was acquired by Audax Group in November 2015. Centric Health has raised $7.67 million across 6 funding rounds from investors including Yorkville Asset Management, Ewing Morris & Co. Investment Partners and Audax Group. The company has 174 employees as of December 31, 2024. Centric Health has completed 3 acquisitions, including Lifemark, Remedy's and Remedy'sRx Specialty Pharmacy.

  • Headquarter Canada
  • Employees 174 as on 31 Dec, 2024
  • Sectors
    Healthcare
    Business Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Alegro Health Corp.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Business Services → Event, Translation & Local Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.67 M (USD)

    in 6 rounds

  • Latest Funding Round
    $11.5 M (USD), Post-IPO

    May 14, 2020

  • Investors
  • Employee Count
    174

    as on Dec 31, 2024

  • Investments & Acquisitions
    Lifemark

    & 2 more

  • Acquired by
    Audax Group

    (Nov 15, 2015)

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People of Centric Health

Headcount 500-1000
Employee Profiles 3
Employee Profiles
People
Patricia Smalling
Physiotherapy Department Head; Consultant to Centric Health at Shalom Village

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Funding Insights of Centric Health

Centric Health has successfully raised a total of $7.67M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $11.5 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Centric Health

Centric Health has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Yorkville Asset Management, Ewing Morris & Co. Investment Partners and Audax Group.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Ewing Morris & Co. is recognized as a Canadian boutique investment firm.
Locked Locked Locked
Offers wealth management, portfolio management, and advisory services to high net worth clients.
Locked Locked Locked
Audax Group is focused on supporting middle market companies.
Locked Locked Locked
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Investor details for Centric Health

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Investments & Acquisitions by Centric Health

Centric Health has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Lifemark, Remedy's and Remedy'sRx Specialty Pharmacy.

Investments
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Investment portfolio details for Centric Health

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Chain of pharmacies
Locked Locked 2006 Locked
Multidisciplinary rehabilitation services are provided across various therapies.
Locked Locked 1996 Locked
Provider of specialty pharmacy services to seniors
Locked Locked 1950 Locked
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Complete acquisition details for Centric Health

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Financial Statements - Centric Health

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Detailed financials for Centric Health

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Centric Health Comparisons

Centric Health Primary company
Description
Specialized healthcare services in surgery, orthotics, and p...
Location
Canada
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
174
As of 2024
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Peer comparison for Centric Health

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Competitors of Centric Health

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Detailed competitors of Centric Health

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Latest news on Centric Health

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Complete news archive for Centric Health

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Frequently Asked Questions about Centric Health

Centric Health was founded in 2001 and raised its 1st funding round 3 years after it was founded.

Centric Health is headquartered in Canada.

Centric Health is a funded company, having raised a total of $7.67M across 6 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Centric Health is 174.

Centric Health provides care programs and services and specializes in surgical and diagnostics, surgical weight loss, cosmetic surgery, orthotics, primary care, and pharmacy services. Key services include Orthotics, Pharmacy and Surgical centers. Centric Healths Performance Medical Group (PMG) uses computerized gait analysis technology to diagnose lower limb problems and conditions. Clinical assessments take 25-30 minutes and are complementary with no obligations. Based on the results from the biomechanical assessment and the needs of the client, clinicians provide education on any biomechanical concerns and, if necessary, fit them with a custom orthotic unique to their needs. Centric Health Pharmacies provide traditional pharmacy services such as compounding and dispensing medications, as well as innovative clinical and specialty services for Long Term Care and Retirement Communities and Addiction Management. Centric Health Surgical Centres are multi-disciplinary medical centres, and provide a comprehensive variety of services for patients as well as for employers.

Centric Health has made 3 acquisitions, including Lifemark, Remedy's, and Remedy'sRx Specialty Pharmacy.

Centric Health has 3 investors. Key investors include Yorkville Asset Management, Ewing Morris & Co. Investment Partners, and Audax Group.

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