DC Advisory advises Livingbridge on its investment in T-Pro

Background

• T-Pro is a leading provider of AI-powered speech technology and clinical documentation solutions to the healthcare sector
• T-Pro’s system is integrated with >250 EHR systems and offers a broad suite of services including digital dictation, speech recognition, medical transcription and an eClinic manager
• Head-quartered in London, Livingbridge is a mid-market private equity firm investing between £15m - £300m in established and growing businesses. Livingbridge target its investments across the technology, services, healthcare & education and consumer sectors

Process

• DC Advisory was engaged by Livingbridge to act as the financial advisor in relation to its acquisition of a stake in T-Pro
• DC Advisory ran a targeted process and worked closely with the Livingbridge team to provide strategic advice and close support in transaction negotiation and process management

Outcome

• In April 2023, Livingbridge made a minority investment in T-Pro, funded from their Livingbridge Enterprise 3 fund
• The investment will enable T-Pro to continue investing in its software, AI and transcription solutions, while also supporting the business to deliver its international expansion plans
• This transaction further showcases DC Advisory's deep expertise in the technology and software sector