Handicare

Stockholm, Sweden Founded: 1986 • Age: 40 yrs Acquired By Savaria
Products for transfer lifting and occupational safety
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About Handicare

Handicare is a company based in Stockholm (Sweden) founded in 1986 was acquired by Savaria in January 2021.. The company has 99 employees as of February 12, 2025. Handicare has completed 3 acquisitions, including Linido, Prism Medical and Prism Medical Ltd. Handicare offers products and services including Stairlifts and Patient Handling. Handicare operates in a competitive market with competitors including Joerns Healthcare, National Seating & Mobility, Reactive Robotics, Rehab Medical and Ondal Medical Systems, among others.

  • Headquarter Stockholm, Sweden
  • Employees 99 as on 12 Feb, 2025
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Handicare As
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Savaria

    & 1 more

  • Employee Count
    99

    as on Feb 12, 2025

  • Investments & Acquisitions
    Linido

    & 2 more

  • Acquired by
    Savaria

    & 1 more

    (Jan 27, 2021)

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Products & Services of Handicare

Handicare offers a comprehensive portfolio of products and services, including Stairlifts and Patient Handling. 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

Devices that assist users in climbing stairs safely at home.

Tools for safe patient transfer and mobility support.

People of Handicare
Headcount 200-500
Employee Profiles 7
Board Members and Advisors 7
Employee Profiles
People
Staffan Ternström
CEO and President
People
Clare Brophy
Executive Commercial Director UK, Europe & Far East
People
Mattias Hakeröd
EVP, HR & Enabling Functions
People
Francois Roblin
EVP, Group Purchasing and Product Development

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Board Members and Advisors
people
Lars Marcher
Chairman of the Board
people
Maria Carell
Board member
people
Johan Ek
Board member
people
Christina Lindstedt
Board member

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Funding Insights of Handicare

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 Handicare

Handicare has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Savaria and Nordic Capital. 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
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Lifts and elevators are manufactured and supplied by Savaria.
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 Handicare

Handicare has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Linido, Prism Medical and Prism Medical Ltd. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Distributor of durable medical equipment
2009
Limited information available
2000
Durable medical equipment and related services are provided.
1986
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Handicare

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

Handicare Comparisons

Employees
+
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Competitors of Handicare

Handicare 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 Joerns Healthcare, National Seating & Mobility, Reactive Robotics, Rehab Medical and Ondal Medical Systems, 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
Post-acute care services and healthcare products are supplied nationwide.
domain founded_year HQ Location
Developer of smart devices for patient mobility services
domain founded_year HQ Location
Robotic hospital equipment for early patient mobilization is developed.
domain founded_year HQ Location
Patient mobility equipment, including wheelchairs, is developed by Rehab Medical.
domain founded_year HQ Location
Electromechanical hospital equipment is developed and manufactured.
domain founded_year HQ Location
The Patient Company is focused on developing patient transfer solutions.
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 Handicare

Frequently Asked Questions about Handicare

When was Handicare founded?

Handicare was founded in 1986.

Where is Handicare located?

Handicare is headquartered in Stockholm, Sweden.

How many employees does Handicare have?

As of Feb 12, 2025, the latest employee count at Handicare is 99.

What does Handicare do?

Handicare provides products for transfer, lifting, and occupational safety. Its products include Straight stairlifts, Curved stairlifts, Transfer and lifting, Bathroom safety. In September 2016, Handicare announced the acquisition of Prism Medical Ltd - a patient handling company in North America located in Toronto, Canada and St. Louis, USA. In 2015, the company reached an agreement with Sunrise Medical to distribute its products in Europe.

Who are the top competitors of Handicare?

Handicare's top competitors include National Seating & Mobility, Joerns Healthcare and Reactive Robotics.

What products or services does Handicare offer?

Handicare offers Stairlifts and Patient Handling.

How many acquisitions has Handicare made?

Handicare has made 3 acquisitions, including Linido, Prism Medical, and Prism Medical Ltd.

Who are Handicare's investors?

Handicare has 2 investors. Key investors include Savaria, and Nordic Capital.

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