Post by MA Financial Group
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Through our MA Growth team we invest in growth-stage Australian companies enabled by technology, including 13SICK National Home Doctor – the country’s leading national bulk-billed after-hours healthcare platform. We’re pleased to partner with management and Black Kite Partners – a specialist healthcare and technology private equity investor – who join the journey through a $100+ million investment into 13SICK’s holding company DR2. Reflecting on the transaction Will Botha Managing Director at MA Growth and director at DR2 said: “13SICK has become an important part of Australia’s healthcare landscape, helping people access trusted medical care when and where they need it most. MA Financial is proud to have supported the business on its journey to date and remains committed to continue supporting its mission. The business has achieved significant growth, and we believe the opportunity ahead is even greater. We thank James Liang and the early investors for their vision and contribution in building the business to this point, and we warmly welcome Black Kite Partners as new growth partners.” Since 2016 our MA Growth team have provided over $700 million of growth capital to support more than 40 companies. Congratulations to the teams at 13SICK, DR2 and Black Kite Partners on this milestone transaction. We look forward to supporting the next phase of growth. https://lnkd.in/eQcEHNSJ