October 2025: Healthcare M&A Snapshot

View our summary of the key M&A, private equity and venture capital deals across the UK healthcare sector in October 2025 below.

Notable Sector Deals: October 2025

India-based hospital group, Narayana Health, has acquired the hospitals division of Practice Plus to enter the UK market
The transaction involves 12 hospitals and surgical centres across the UK, with a focus on ophthalmology, orthopaedics and general surgery
Narayana operates a network of primary, secondary and tertiary care facilities in India and the Caribbean
It intends to integrate Practice Plus into its ecosystem, leveraging its technology and operational platforms for innovation, efficiency and accessible care delivery
The deal follows a spate of UK hospital acquisitions, as international acquirers see growing potential in the UK’s private healthcare sector

Keensight Capital has acquired a majority stake in Bedfont Scientific Ltd., a UK-based maker of non-invasive breath-analysis medical devices
Bedfont designs and manufactures high-precision breath and gas analysis instruments, including the NObreath® FeNO device (for asthma monitoring) and tools for smoking cessation and gastrointestinal disorders
The company distributes its products via over 100 partners in more than 70 countries and serves both primary and secondary healthcare settings globally
Keensight will partner with Bedfont’s management to accelerate its international expansion, drive innovation and potentially pursue further acquisitions

medneo UK has acquired Fairford Medical’s MRI and CT fleet, expanding its capacity to deliver mobile and modular diagnostic imaging services
The deal follows CVC DIF’s investment in medneo UK in August 2024 and marks the company’s first acquisition since that partnership
The integration of Fairford’s fleet will broaden medneo’s national footprint, supporting the NHS with faster access to MRI and CT scans
The acquisition forms part of medneo’s ambitious growth strategy to become one of the UK’s leading diagnostic services providers
The deal highlights continued interest from strategic acquirers and investors in UK diagnostic imaging, as scan numbers continue to rise

Asker Healthcare Group has acquired Novus Med, a UK-based distributor of endoscopic surgery technologies and patient-positioning systems
Asker Healthcare Group is a leading Nordic distributor of medical supplies and equipment, serving hospitals, care homes, and primary care providers across Europe
The company completed one of Europe’s largest IPOs of 2025, listing on the Stockholm Stock Exchange and raising approximately SEK 8.9 billion to support growth and acquisitions
The deal follows Asker’s recent acquisitions of HSL and HNC, continuing the Group’s UK expansion and acquisition drive in surgical and acute-care markets

Sub-sector	Target	Acquirer / Investor	Exiting PE
Clinical Services	Fairford Medical’s CT/MRI fleet	medneo UK (CVC DIF)	N/A
Clinical Services	Newry Private Clinic	Kingsbridge (Exponent)	N/A
Clinical Services	Practice Plus’ Hospital Division	Narayana Health	Bridgepoint
Medical Equipment	Bedfont Scientific	Keensight Capital	N/A
Specialist Care	Swanborough House	Integrum Care (Duke Royalty)	N/A
Specialist Care	Victoria House	Priory Group (Waterland)	N/A

Target	Description	Lead Investor	Investment
Aisthesis Medical	AI to predict in-hospital sepsis 48 hours in advance	TwinPath TECS Capital	$1.2m
CoMind	Non-invasive brain scanning platform	Plural	$60
Cyclane Bio	Endometriosis drug discovery	NfX Eka VC	£5m
Gladys	AI platform to support the home care sector	Cornerstone VC	£1.5m
Jack Fertility	Accessible male fertility testing	Fuel Ventures	£500k
Simple Life	App providing practical weight loss support	HartBeat Ventures Liquidity	£26m
Trogenix	Development of therapies for aggressive cancers	IQ Capital	£70m