Investment type
- Management buyout
Headquartered in Warrington, PAM Healthcare Limited (PAM) provides occupational health and wellbeing services to blue-chip corporate and public sector clients.
PAM’s services include health surveillance, absence management, physiotherapy, employee assistance programmes and specialist assessments, which are delivered by more than 450 employees and supported by a network of associate clinicians.
Growth through transformation
In 2021, LDC invested in PAM to help the management team to deliver organic and acquisitive growth. This included developing new products and services, completing three strategic acquisitions and launching a dedicated training academy in Warrington.
In 2022, PAM launched its social value blueprint, Do The Right Thing, to help its workforce, clients, stakeholders and communities to live better, healthier and happier lives.
Our partnership with LDC has been instrumental in our transformation. They backed our ambitious growth plans, supported us through three acquisitions and helped us invest in our people and infrastructure, including our training academy.”
Rapid growth
During its successful five-year partnership with LDC, PAM more than doubled revenue from £29m to £67m. It also expanded the number of employees it supports from 600,000 to more than 1.5 million across more than 1,500 client organisations.
In March 2026, LDC exited PAM to Optima Health PLC, the UK’s leading provider of technology enabled corporate health and wellbeing solutions, in a transaction that valued the business at £100m.
Chris Rigg, CEO, PAM Group, joined our healthcare leaders roundtable discussion to give his viewpoint on innovation, ESG and how private equity is helping the management team at PAM to achieve their ambitions.
