Latus Health

May 26, 2023

25 May 2023 The first is Manchester-based ELAS Occupational Health, whose expertise in health surveillance directly complements Latus. ELAS includes Leicestershire-headquartered Industrial Diagnostics Company, the second acquisition. The company specialises in the provision of health services into the building materials industry. Over the last five years, Hull-based Latus has enjoyed organic growth and – coupled with its latest purchases – the group will now be able to offer a broader range of services to more customers. Both have been bought from Wilmslow-based Citation Group in a move backed by TDC's Impact Fund. As part of the transaction, Latus has appointed Graham Ewart as chairman. Ewart brings extensive experience from the healthcare sector from his role as chief executive of previous NorthEdge-backed business Direct Healthcare Group, which was sold to ArchiMed in 2019. Jack Latus, chief executive of Latus Health, said: "We have always been committed to delivering the highest quality of care and service for our clients, whilst improving the way occupational health is delivered through the implementation of innovative digital solutions. "The acquisitions of ELAS and IDC are a testament to that commitment, and we are excited to welcome their team of dedicated professionals to join the Latus mission. Together, we will continue to innovate and drive forward the occupational health industry under the knowledge that happier and healthier teams deliver better results." Vikki Blease, head of occupational health at ELAS, added: "We are very excited to be part of Latus who have an exciting vision for occupational health. The Latus team are dynamic and share our passion and drive for best-in-class occupational health." Richard Williams, partner at TDC, said: "TDC are pleased to have supported Latus in its recent acquisition of ELAS and IDC, marking our second investment from our Impact Fund. "The Fund targets SMEs across the North that were disrupted by Covid-19 and the macro-economic conditions experienced following this period, to support their recovery and with a specific focus on growing employment in the local region." Latus Health was advised on its acquisition of ELAS and IDC from Citation by the Clearwater International Leeds office, led by partner Richard Goldsack, associate director John Haygarth, and director Glenn Clarke. Legal advice was provided by the Shoosmiths Leeds office, led by partners James Foster and Simon Procter, and financial and tax advice by Martin Athey, Charles Evers, Fletcher Adamowicz and Emily Caine of Translink CF , the specialist corporate finance division of BHP. TDC legal advice was provided by the Pinsent Masons' Manchester office, led by partner Tim Fearn and Catherine Donnelly.