CDD for LDC’s investment in preventative healthcare specialist PAM

Leading mid-market private equity firm LDC has completed a minority investment in preventative healthcare specialist PAM to help the existing management team to drive organic growth and support a series of new product launches.

Headquartered in Warrington, PAM is one of the largest occupational health and wellbeing providers in the UK. It offers a full-service of integrated occupational health programmes to clients which include leading blue-chip and public sector organisations, supporting more than 600,000 employees at over 1,000 businesses.

PAM’s services include absence management, health surveillance, physiotherapy, employee assistance programmes, psychological support, corporate health assessments and neurodiversity assessments. These are delivered by PAM’s 400-strong workforce from locations across the UK via a combination of mobile, remote, on-site and clinic-based services.

The partnership with LDC will support PAM in delivering its ambitious organic growth strategy to further enhance its services. This includes the development of a suite of new products, including telemedicine services and digital cognitive behavioural therapy (CBT) services.

LDC is backing the existing management team, led by founder and CEO James Murphy. Under James’s leadership, PAM has delivered significant growth since it was founded in 2004, recording turnover of £29m in 2020. It has established its market-leading position through a combination of strong organic growth and by completing four acquisitions to broaden its services into neurodiversity assessments and products.

PMSI provided CDD on the deal, including occupational health market sizing, the effects of COVID-19 on this market, analysis and forecasting of remote / face-to-face consultation dynamics, customer referencing and competitor analysis.

LDC backs PAM to expand