Question 1

What is the goal of Clinixgroup with its acquisitions?

Accepted Answer

We are building a portfolio of health and life science companies for the long term. We aim to acquire companies where we can be value add or where other companies in the ecosystem can add value.

We are not looking for a quick sale or turnaround. We want to compound capital, and invest in products and people who have the capabilities to build and grow these companies.

Question 2

How is it different from private equity or venture capital?

Accepted Answer

Traditional private equity and VC do not represent patient capital, and they are not builders.

They have clear mandates for their fund life after which they must look for a sale or divestiture.

They are also not in the business of working on and working in the companies they acquire.

Question 3

How do you work with the founders and entrepreneurs?

Accepted Answer

The short answer is that it depends on the entrepreneur and it depends on the product.

When we work with the business leader, we aim to combine their domain and product specific expertise with our broader experience building, scaling and integrating software companies.

We want to give the founders leverage, and not tie them down with undue process or reporting that eats into time and focus.

We will work differently with founders who want to continue operating that company versus founders who need an outright exit.

Question 4

What happens when a founder needs a complete exit?

Accepted Answer

When the founder wants a complete exit, the handover process needs to be managed through rigorous documentation and knowledge transfer. 
We aim to get founders to this point as soon as possible, according to agreed, upfront timelines.

Question 5

What will happen to my team?

Accepted Answer

Your team will be vital to the ongoing success of the business, so ensuring and communicating the right transition to your employees is a top priority.

We aim to build companies where team's can grow and thrive, and if you are stepping away then we may need some of your internal talent to step up and take on new responsibilities. Our aim is to cultivate and develop that.

Our model is not that of traditional PE - we can ill-afford to do mass headcount reductions at the small, vertical specific businesses we have acquired, where domain expertise takes years to develop.

Question 6

Do you work with on-premise or SAAS businesses only?

Accepted Answer

We are open to all types of software deployment.

Question 7

Where are you based?

Accepted Answer

Our team are based in the UK and the US.

FAQ

Frequently asked questions