Clearwater advises Channel 3 Consulting on the management buy-out backed by Westbridge

Transaction

Channel 3 Consulting on the management buy-out backed by Westbridge

Sell-side

Undisclosed

Role

Advising Channel 3 Consulting on the management buy-out backed by Westbridge

Sector

Business Services

Region

United Kingdom

Clearwater has advised Channel 3 Consulting Ltd (Channel 3), a specialist consultancy which designs, implements and optimises digital transformation programmes for the health and care sector, on the management buy-out backed by Westbridge.

Established in 2009, Channel 3 helps its clients harness the power of technology to deliver better patient outcomes, improve services and operate more efficiently. Over the past decade, the company has worked with over 90 organisations across the NHS, private healthcare, local government, the Ministry of Defence and delivered over €568m (£500m) of ICT capital investments.

The demand for healthcare services is on the rise, driven by both a growing and ageing population, an increase in chronic diseases such as diabetes and cardiovascular disease and most recently COVID-19. The UK government has long recognised the role technology can play in meeting this rising demand to transform and deliver effective services.

The buyout was led by John Howard, who brings over 20 years’ of experience in management consultancy, healthcare and digital transformation, and who will be ably supported by Eleanor Rollason and Lucy McLintock.

This is a landmark moment for our business, and we are genuinely thrilled to secure support from the Westbridge team, which has demonstrated a collaborative and supportive approach. Our growing team of consultants has impressive expertise, and we are all proud of helping our customers achieve great things with technology. The importance of what we do has been brought into even sharper focus during these challenging times. I speak for the entire team at Channel 3 when I say we are very much looking forward to seizing the opportunity presented by Westbridge over the next few years.
John Howard, CEO, Channel 3 Consulting

Channel 3 is a great company positioned in a growing and dynamic market. With John Howard and his team at the helm over the last two years, it has embraced more strategic partnerships with its growing customer base and we are all confident that it is well placed to unlock future potential. The launch of NHSX was a clarion call for all healthcare providers to harness the power of technology to transform outdated systems and improve care for all. Partly as a result of this government initiative, the health tech market is growing rapidly and Channel 3 has the expertise to provide thought leadership to this dynamic and vital sector.
Valerie Kendall, Founding Partner, Westbridge

Channel 3 has established a reputation as a trusted supplier to the NHS and a key partner in delivering digital transformation programs. Its services are critical in updating outdated technology to help improve patient care. The investment and support provided by Wesbridge will help to enhance its existing services lines and capitalise on highly favourable market dynamics. We would like to wish Channel 3 and the entire team all the best.
Mark Maunsell, Director, Clearwater