MIS Healthcare, an H2 portfolio company, has acquired Xiel Limited

In December 2024, MIS Healthcare, a leading specialist provider of medical equipment and radiopharmaceuticals in the UK and Ireland, completed the acquisition of Xiel. Xiel is focussed on radiotherapy and nuclear medicine and the acquisition will enhance MIS’s market position in this specialist high-growth sector.

Xiel (www.xiel.co.uk) was founded in 2019 and comes with a strong portfolio of products, high-quality operations and an ambitious management team to support MIS’s future growth ambitions.

The acquisition adds further scale to MIS, with the group now generating over £50 million revenue, and supports its strategy of becoming a leading diagnostic imaging service and equipment solutions provider with specialist oncology and radiotherapy capabilities.

For further information on MIS Healthcare, please visit: www.mishealthcare.co.uk

About H2 Equity Partners

H2 Equity Partners is a leading independent investment firm, making investments in medium-sized companies with significant growth or improvement potential. The H2 team has built an exceptional track record of acquiring, strengthening and growing fundamentally attractive businesses. H2 invests in companies across all sectors, that have strong market positions and competitive advantages, which can benefit from the extensive international operating experience of the H2 team.H2 Equity Partners Fund VI was launched in July 2022 and focuses on making investments in the United Kingdom and Ireland.

Henry Stevens

Senior Associate

 

Henry joined H2 in 2024 and is involved in both evaluating new investment opportunities and supporting existing portfolio companies.

 

Prior to joining H2, Henry spent nearly six years at the strategy consultancy firm, Roland Berger, where he was a core member of the Transaction & Investor Services platform supporting private equity and strategic investors across the Industrial and Regulated & Infrastructure sectors predominantly within the mid-market.

 

Henry graduated from the University of Cambridge with a Bachelor (Hons) in Economics. His interests outside of work are road cycling where he competes in time trials, running and skiing.

Terry Musson

The Amberon Group is a market leading traffic management provider to the utilities and Local Authority markets. Amberon was established in May 2002 with our first depot in Paignton, South West England. Our founding core principles remain at the heart of everything that we do and our continued desire to achieve our purpose; to provide the best service in the Traffic Management sector. This has been the foundation for our success and has cemented our position as the market leader in TM.

During the initial transaction we never felt under any pressure & instantly recognised we would become part of the family. H2 took the time to listen to our views & business strategy, it was obvious from the very beginning that they would be the perfect partner for us.

The guys at H2 have enabled us to continue the momentum & have provided the expertise & knowledge to help us continue on the journey to constantly improve our service offering.

Working with H2 during the last 2 years has given us additional support not just financially but the advice & expertise has helped analytically & strategically.

The ambition and the drive H2 have is extremely infectious & continues to assist the group to overachieve.

It’s enormously reassuring to know H2 will always be at the end of the phone to offer advice but heartening to know they have the trust in us to deliver.