Oaknorth extends a 16 million pounds loan to Inuvi Medical Services

UK -based UK Digital Bank extended a 16 million pounds ($ 20.4 million) financing facility to Inuvi Medical Services (inuvi).

The capital will be used by the diagnostic service provider for the re -financing of current banking debts and support for future acquisitions, including physiological measurements, known as non -invasive diagnostic services for society in partnership with NHS.

Established in 2015, Inuvi has evolved into a various health services company. It provides a wide range of services, including health assessments, lobe, laboratory tests, and community diagnostic services.

Inuvi provides different services, including NHS, professional sports, consumer health and insurance markets.

Oaknorth said that INUVI runs one of the largest independent pathology laboratories in the United Kingdom in Gloucester, with the support of a national network of more than 750 health care professionals.

The company provides diagnostic services for mobile phones and clinics from five sites: Wokingham, Gloucester, Plymouth, OsWestry and London.

“Innovi is a great example of fast -growing and innovative business that provides critical health care services. Driven by expanding the ability of laboratory testing and strategic acquisitions, had nine years of uninterrupted revenues and profit growth, allowing to ensure excellent care, in 2019,” said Stewart Haworth, Openthy -Dead Development Director.

“With an experienced administrative team, a strong financial performance, and a developmental business model, Inuvi is well placed for long -term success. We are pleased to support expansion and look forward to seeing its continuous impact on the health care sector.”

“The deep understanding of Occinworth for our sector and the elastic financing approach makes them an ideal partner for us. This financing allows Ennovi to accelerate our growth strategy, expand our diagnostic capabilities, and better service to NHS and our customers by obtaining physiological measurements,” said Jonathan Benton, CEO of Inuvi Medical Services.

Inuvi has made many acquisitions in recent years, including Express Diagnostics and Medical Direct in 2023.

This cost of 16 million pounds is the second deal for Oaknorth with the INUVI specialist sponsor, Longacre Group, after financing Veraceity UK in December 2024.

Oaknorth is also part of the SME Finance, which includes leading banks, alternative and technical lenders.

In August 2024, the alliance I issued a business plan To revitalize the British economy, with the aim of accelerating lending for 5.5 million from small and medium -sized companies in the country, which is crucial to the economy by employing 60 % of the workforce in the private sector and generating more than 50 % of the economy’s rotation.

“Oaknorth extends to a loan of 16 million pounds to Inuvi Medical Services” was originally published and published Life rentalThe brand owned by Globaldata.

Information on this site was included in good faith for public media purposes only. It is not intended to reach the advice that you should depend on, and we do not provide any representation, guarantee or guarantee, whether it is explicit or implicit in relation to accurately or completing it. You must have a professional or specialized advice before taking any action based on the content on our website.