Prism Corporate Broking has successfully facilitated the sale of Thomson Screening Solutions Ltd to CCube Solutions, backed by Tern Capital, aiming to enhance health screening services in the UK.
Target Company Overview
Thomson Screening Solutions Ltd (TSS) is the leading provider of health screening workflow software, specializing in enabling non-clinical personnel to conduct efficient vision and hearing screenings in educational and workplace settings. Founded in 2013 at City, University of London, TSS was established to advance the research of Professor David Thomson, who heads the Department of Optometry. Over the years, the company has developed applications that not only streamline vision and hearing screenings but also facilitate comprehensive health assessments, including electronic consent, risk evaluations, and immunization management. TSS’s Vision Screener for Schools has been utilized to screen over 2 million children, ensuring timely referrals for further assessment and thereby improving overall health and educational outcomes.
Industry Overview in the UK
The UK health technology landscape is rapidly evolving, driven by the increasing demand for efficient healthcare solutions. The integration of technology in health screening practices is expected to streamline processes, reduce administrative burdens, and ultimately improve patient outcomes. The shift towards electronic documentation and remote health surveillance reflects broader changes in consumer behavior and expectations of healthcare services.
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With government initiatives promoting health technology innovations, the HealthTech industry in the UK is experiencing significant investment interest. This has created a fertile environment for companies like TSS that can enhance service delivery within
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CCube Solutions
invested in
Thomson Screening Solutions Ltd
in 2024
in a Merger deal