Oxford Online Pharmacy Secures Investment Partnership Deal with Rockpool Investment LLP
Tuesday, 20 August 2024
In a move to further expand its reach and enhance its technology infrastructure, Oxford Online Pharmacy has announced a new investment partnership with Rockpool Investment LLP. The online pharmacy, founded in 1925 as a family-owned chain, has transformed into a leading healthcare platform offering accessible and cost-effective healthcare services to customers across the UK.
Led by founder and CEO Stuart Gale, Oxford Online Pharmacy has seen rapid growth in its online services, particularly in the weight loss sector. The company’s experienced management team has been instrumental in its success, and the partnership with Rockpool will enable them to continue their growth trajectory.
“We are thrilled to partner with Rockpool and take our business to the next level,” said Stuart Gale. “The online healthcare market is expanding rapidly, and this strategic investment will allow us to expand our team, enhance our technology platform, and provide our services to an even wider customer base. Rockpool has been incredibly supportive throughout the process, and we look forward to executing our strategic plan with their partnership.”
Rockpool Investments, a leading investment firm, sees great potential in Oxford Online Pharmacy and is excited to support its growth in the online pharmacy sector. “The company has a strong reputation for innovation and a deep commitment to patient care, all while maintaining the highest clinical standards,” said Darran Green, Partner at Rockpool Investments. “We are confident in the company’s vision, leadership, and dedication to providing accessible healthcare through technology, and we are excited to work with Stuart and his team to further enhance their services.”
Headpoint, a specialist corporate finance advisory firm, facilitated the investment partnership deal. “We are pleased to have supported the Oxford Online Pharmacy team in this transaction,” said Emmet Keating, Partner at Headpoint. “The online pharmacy market is constantly evolving, and Oxford Online Pharmacy is well-positioned to capitalize on the growth opportunities, with over 20,000 positive Trustpilot reviews and a c.20% annual growth rate. We are confident that the company will continue to thrive with this partnership.”
The team at Headpoint, including Oliver Stephens and Henry Baker, were instrumental in the deal’s completion. The firm worked closely with Lodders Solicitors, Parisi Tax, and PWC Tax to ensure a smooth and successful transaction.
Rockpool Investments received advice from Bracher Rawlins, Crowe UK, Strategy&, Claritas Tax, more2, Catalysis Advisory Ltd, and Palladium Digital.
For more information about Headpoint, please visit www.headpointadvisors.com or contact Mark Wilson at 0845 544 0500 or markwilson@headpointadvisors.com.
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