Evolution Healthcare

Wellington, New Zealand Founded: 2011 • Age: 15 yrs Acquired By QIC
A chain of multispecialty hospitals is operated in New Zealand.
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About Evolution Healthcare

Evolution Healthcare is a company based in Wellington (New Zealand) founded in 2011 by Ben Thynne was acquired by QIC in December 2021. It operates as a Managed Services. Evolution Healthcare offers products and services including Private Surgical Services, Maternity Care, and Rehabilitation Services. Evolution Healthcare operates in a competitive market with competitors including MidCentral District Health Board, MercyAscot, Te Whatu Ora, Te Watu Ora and Te Whatu Ora Waikato, among others.

  • Headquarter Wellington, New Zealand
  • Founders Ben Thynne
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Evolution Healthcare
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    QIC

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    QIC

    (Dec 10, 2021)

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Products & Services of Evolution Healthcare

Evolution Healthcare offers a comprehensive portfolio of products and services, including Private Surgical Services, Maternity Care, and Rehabilitation Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Private surgical procedures are offered across multiple hospitals.

Maternity and postnatal care services are provided comprehensively.

Rehabilitation support is delivered for recovery and wellbeing.

People of Evolution Healthcare
Headcount 1000-5000
Employee Profiles 12
Employee Profiles
People
Simon Keating
Group Chief Executive Officer
People
Michael Quirke
Chief Executive, Hospitals & Day Surgeries
People
Jeff Arthur
General Manager Property & Projects
People
Rebecca Atkins
Group Human Resources Manager

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Funding Insights of Evolution Healthcare

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Evolution Healthcare

Evolution Healthcare has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include QIC and Sunsuper. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Serves as a superannuation fund providing retirement savings solutions in Australia.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Evolution Healthcare

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Evolution Healthcare

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Evolution Healthcare Comparisons

Employees
+
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Competitors of Evolution Healthcare

Evolution Healthcare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MidCentral District Health Board, MercyAscot, Te Whatu Ora, Te Watu Ora and Te Whatu Ora Waikato, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Operates a chain of multispecialty hospitals.
domain founded_year HQ Location
Operates a chain of multispecialty hospitals offering comprehensive medical care.
domain founded_year HQ Location
Offers hospital care, clinics, immunizations, and patient support in Auckland region.
domain founded_year HQ Location
Chain of multispecialty hospitals
domain founded_year HQ Location
Operates a standalone multispecialty hospital for comprehensive care.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Evolution Healthcare

Frequently Asked Questions about Evolution Healthcare

When was Evolution Healthcare founded?

Evolution Healthcare was founded in 2011.

Where is Evolution Healthcare located?

Evolution Healthcare is headquartered in Wellington, New Zealand.

What does Evolution Healthcare do?

Evolution Healthcare is established as a prominent provider of private healthcare services across New Zealand. The group operates six hospitals, five specialist day hospitals, and a maternity hospital. A wide range of health and wellbeing services are offered, including surgical procedures, rehabilitation, and occupational health solutions. Services are delivered with a focus on quality care and innovation, particularly in areas like robotic surgery and eye care technology. The organization is committed to enhancing the health, recovery, and wellbeing of New Zealanders through its extensive network of facilities.

Who are the top competitors of Evolution Healthcare?

Evolution Healthcare's top competitors include Te Watu Ora, MidCentral District Health Board and MercyAscot.

What products or services does Evolution Healthcare offer?

Evolution Healthcare offers Private Surgical Services, Maternity Care, and Rehabilitation Services.

Who are Evolution Healthcare's investors?

Evolution Healthcare has 2 investors. Key investors include QIC, and Sunsuper.

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