Springfield Healthcare Group has appointed Mark Beadle to the board of the company as non-executive chairman.
Beadle was introduced to the group’s chief executive, Graeme Lee, by Business Growth Fund, a minority shareholder in the Yorkshire and Humber-based business and a growth capital investor.
He was previously chief operating officer at Priory Healthcare Group; chief executive at Capio Nightingale, which operates the Florence Nightingale Hospital; and managing director at Aitch Care Homes (ACH), which was sold in April. He has a wealth of senior experience in operational roles and private equity backed businesses, deep knowledge and contacts in the healthcare sector, and extensive experience of winning national contracts, creating operational efficiencies and delivering significant revenue improvements.
BGF invested £4.4m growth capital in Springfield Healthcare in June 2012. Since then, the business has completed four acquisitions and opened The Grange, a grade II listed care village in Leeds and a supported living project in Hartlepool. The group employs over 1,200 people in the North of England.
Beadle said: “Springfield Healthcare has a good reputation and strong position within the industry. The Grange has performed well since opening in late 2013. The care village model combined with domiciliary care and supported-living services allows Springfield to offer a tailored, high-quality and person-centered journey through care in older age. I’m delighted to be able to provide support to Graeme and the management team as they continue to drive the business forward.”
Graeme Lee, group chief executive, added: “Mark’s first-hand experience in the healthcare sector will be incredibly valuable as we continue to implement our strategy. With the help of BGF’s investment, we have been growing the business over the past two years, and we’re excited about fresh ideas and strategic advice that Mark brings to the table.”
Recently, Mark jointly founded The Objectivity Partnership to deliver strategy, due diligence and independent business reviews to the private equity industry focusing on the health and social care sector. He has also been a non-executive director of the board of Svet Zdravia, a Slovakian healthcare company.
