Based in Kingston-upon-Thames, DP Medical Systems is a specialist distributor of medical equipment, consumables, and provider of related after-sales services.
Founded in 1987, it now operates across six UK sites, and has grown a strong customer base in Ireland after opening its Dublin office in 2019.
DP Medical primarily supports customers in the ear, nose and throat, gynaecology, and dental sectors.
The £4.45 million investment from Foresight will enable the business to grow its operations in Ireland, expand its UK teams and introduce new products to market.
Foresight will also support DP Medical’s plans to reduce its carbon emissions and improve its sustainability practices.
Healthcare executive Matthew Stork is co-investing alongside Foresight and will join the board as chair.
Philip Gardiner, investment director at Foresight Group, said: “We’re excited to partner with the talented and ambitious team at DP Medical and look forward to supporting them in delivering their growth plans across Ireland and the UK.
“The team has a proven track record, and we’ll leverage Foresight’s deep experience in the healthcare sector to help drive continued growth.”
Rob Atkinson, CEO at DP Medical, added: “We’re looking forward to embarking on this next phase of our journey with the support of Foresight.
“We’re very proud of our growth as a company to date, and Foresight’s investment will help accelerate this even further, enabling us to build significantly on our already strong position within the Irish and UK markets while we continue to deliver the customer service excellence and support we’re renowned for.”
