January 2026: Healthcare M&A Snapshot

View our summary of the key M&A, private equity and venture capital deals across the UK healthcare sector in January 2026 below.

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Notable Sector Deals: January 2026

LDC’s investment into myHappymind

• myHappymind, a leading digital mental health and wellbeing programme for schools, has secured a minority investment from LDC

• Founded in 2017, the business delivers interactive mental health content to over 1,900 schools across the UK

• The business has grown rapidly in recent years, driven by increasing demand for preventative mental health support in schools

• LDC’s investment will support expansion into more schools in the UK and internationally, alongside ongoing product development

• The deal highlights strong M&A and investment activity in preventative mental health services

Acquisition of Care Quality Pharmacy by Pharmacy2U

• Pharmacy2U has acquired Care Quality Pharmacy, a specialist pharmacy provider focused on supporting care homes and residential care settings

• Pharmacy2U is the UK’s largest online pharmacy, serving millions of NHS patients through digital prescription management, dispensing and delivery

• The acquisition represents a strategic move by Pharmacy2U into the care home pharmacy segment, broadening its exposure beyond consumer-facing distance-selling services

• The deal reflects ongoing consolidation within pharmacy services as scaled operators seek to diversify revenue streams and deploy technology effectively

Rockpool’s investment into Carescribe

• Rockpool has invested in CareScribe, a rapidly growing assistive technology company focused on improving accessibility, productivity and inclusivity for disabled and neurodivergent people in education and the workplace.

• CareScribe offers software tools including Caption.Ed, TalkType and Medincle to support independent working and studying

• The investment will support CareScribe’s next phase of growth: scaling product‑led user adoption, expanding its software portfolio, and accelerating growth across workplace and education markets

• The deal underscores strong investor appetite for scalable technology platforms addressing the needs of disabled and neurodivergent individuals

Mayden’s acquisition of ClinicLetter.ai

• ClinicLetter.ai (CLAI), an ambient scribe solution built for the NHS, has joined G Square-backed Mayden to expand digital support for clinicians.

• CLAI uses Ambient Voice Technology to reduce manual data entry and has demonstrated up to a 30% reduction in administrative workload

• The addition strengthens Mayden’s mission to transform health and care by expanding its digital offering across the NHS, local authorities, VCSEs and the private sector

• CLAI will sit alongside Mayden’s existing products (iaptus, theseus and bacpac), broadening support for clinical services

Healthcare Market Activity: January 2026

Private Equity Activity

Sub-sector	Target	Acquirer / Investor	Exiting PE
Digital Health	Carescribe	Rockpool	N/A
Digital Health	ClinicLetter.ai	Mayden (G Square)	N/A
Digital Health	PPD	Agilio (Five Arrows)	N/A
Elderly Care	3 x homes in Scotland	Care Concern (Downing)	N/A
Medical Equipment	Derbyshire Mobility	Eden Mobility (Foresight)	N/A
Medical Equipment	Iskus Health UK	Fannin UK (Invest Industrial)	N/A
Medical Equipment	Medguard Equipment	Mediq (Advent)	N/A
Mental Health	MyHappyMind	LDC	N/A
Pharmacy	Care Quality Pharmacy	Pharmacy2U (G Square)	N/A
Pharma Services	Bridge Medical Consulting	Red Nucleus (THL)	N/A
Pharma Services	Uptake	Prescient (Bridgepoint)	N/A
Specialist Care	Awelon Healthcare	Iris Care (Ancala)	N/A
Training	Caring For Care	Impact Futures (August)	N/A

Venture Capital Activity

Target	Description	Lead Investor	Investment
Emerald	Proactive healthcare platform that unifies health data, AI insights, and GP-led care	Boost Capital Partners	$2m
Eolas Medical	Provides AI-powered clinical knowledge tools	Acton Capital	$12m
Evaro	Embeddable digital pharmacy infrastructure and prescribing tools	Albion VC	$25m
Nuclera	Antibody engineering	Elevage Medical Technologies	$12m