About Medica
Medica is a Healthcare company based in Hastings (United Kingdom) founded in 2004, and was acquired by IK Partners in April 2023. Teleradiology and communication services are provided for healthcare organizations. It operates on a Managed Services model. The company has 306 employees. Medica has completed 3 acquisitions, including Global Diagnostics, Moonlight Bidco and RadMD. Its chief executive, as recorded, is Stuart Quin. Medica offers products and services including Teleradiology and Telepathology. Its focus areas include Telemedicine and Teleradiology and Telepathology. Its legal entity is Medica Reporting Ltd. / Medica Group Ltd.
Company details
Medica is involved in delivering telemedicine solutions, focusing on teleradiology and telepathology services. Operations are centered on improving diagnostic outcomes through faster access to subspecialty expertise. Services are provided to over 100 NHS hospitals and independent organizations. Innovative software and technologies are utilized to adapt services to customer needs. Coverage includes emergency and elective reporting in specialized areas like stroke, trauma, and PET CT. A global network of over 750 reporters across 20 countries is maintained to ensure quality and efficiency in diagnostics.
- Headquarters Hastings, United Kingdom
- Employees 306
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website medica.co.uk
- Social LinkedIn X Instagram
- Acquired by IK Partners (Apr 2023)
- Legal Name Medica Reporting Ltd. / Medica Group Ltd.
- Latest Funding Round$22.16M (USD), Post-IPO
Mar 2021
- InvestorsInvestec
& 2 more
- Employee Count306
- Investments & AcquisitionsGlobal Diagnostics
& 2 more
- Acquired byIK Partners
(Apr 2023)
Products & Services of Medica
Medica offers a comprehensive portfolio of products and services, including Teleradiology and Telepathology.
Remote radiology reporting services are provided for diagnostics.
Digital pathology services are offered for diagnostic analysis.
Funding Insights of Medica
- Total Rounds 1
- Last Round Post-IPO — $22.16M
- First Round $22.16M
(Mar 2021)
- Investors Count 2
All 1 funding rounds of Medica with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in Medica
Medica has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Investec, IK Partners and Panmure Liberum.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward small and medium-sized businesses. | 1989 | ikpartners.com | Amsterdam, Netherlands | |
Global banking, investment, and wealth management services are offered worldwide. | 1974 | investec.com | London, United Kingdom | |
Panmure Liberum is recognized as a leading UK investment bank. | liberum.com | London, United Kingdom |
Investor details for Medica
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People of Medica
6 people are tracked at Medica (2 in leadership, 2 in board & advisors, 2 in team); the tracked headcount is 306.
| Name | Role | Group |
|---|---|---|
Stuart Quin | CEO | Leadership |
Andy Davies | Chief Digital & Information Officer (cdio) | Leadership |
Junaid Bajwa | Non-Executive Director | Board & advisors |
Barbara Moorhouse | Non-Executive Director | Board & advisors |
Mate Barna | Network Engineer | Team |
Chris Gregory | Project Manager | Team |
Complete people profiles for Medica
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Medica
Medica has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Global Diagnostics, Moonlight Bidco and RadMD.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Companies are acquired by Moonlight Bidco, a private equity fund. | London, United Kingdom | 0 | Apr 2023 | •••• | ||
Imaging solutions for clinical trials are developed and analyzed. | rad-md.net | Conshohocken, United States | 2006 | Mar 2021 | •••• | |
Radiology services are provided by Global Diagnostics in Ireland. | globaldiagnostics.ie | Dublin, Ireland | 1995 | Nov 2020 | $18.7M |
Complete acquisition details for Medica
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Timeline of Medica
8 dated milestones of Medica across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Medica is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Global Diagnostics.
- Acquisition Acquires RadMD.
- Funding First funding round of $22.2M.
- Acquisition Acquires RadMD.
- Acquisition Acquires Moonlight Bidco.
- Exit Acquired by IK Partners.
Web traffic of Medica
The website of Medica (medica.co.uk) receives about 8.6K visits a month.
- Monthly visits8.6K
▲ 14.4% vs previous month
Websites whose visitors overlap most with Medica. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| medica-tradefair.com | 100% | 97.5K | #299,256 | View details | |
| everlightradiology.com | 92% | 22.3K | #917,444 | View details |
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Related news about Medica
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Frequently Asked Questions about Medica
Medica was founded in 2004 and raised its 1st funding round 17 years after it was founded.
Medica is headquartered in Hastings, United Kingdom. It is registered at Hastings, East Sussex, United Kingdom.
Stuart Quin is the CEO of Medica, as recorded in our data.
Medica has 306 employees.
Medica is involved in delivering telemedicine solutions, focusing on teleradiology and telepathology services. Operations are centered on improving diagnostic outcomes through faster access to subspecialty expertise. Services are provided to over 100 NHS hospitals and independent organizations. Innovative software and technologies are utilized to adapt services to customer needs. Coverage includes emergency and elective reporting in specialized areas like stroke, trauma, and PET CT. A global network of over 750 reporters across 20 countries is maintained to ensure quality and efficiency in diagnostics.
Medica offers Teleradiology and Telepathology.
Medica has made 3 acquisitions, including Global Diagnostics, Moonlight Bidco, and RadMD.
Medica has 3 investors. Key investors include Investec, IK Partners, and Panmure Liberum.
Medica operates through Medica Reporting Ltd. / Medica Group Ltd..
Yes. Medica was acquired by IK Partners in April 2023.