We wanted to partner with an investor who could help us to develop ourYachna Tak, CEO
infrastructure and distribution network, as well as enhance our technology platform,
which is ultimately why we turned to LDC given their track record in driving tech-enabled businesses forward.”
Ashtons Hospital Pharmacy Services
What advice would you give to business leaders considering private equity investment?
Make sure your business plan is up to date, and within that carefully map out how the support of a private equity partner will grow the business. Showing you’ve considered how they can add value will help drive the relationship forward.
It’s also important to appoint an experienced advisor who knows your market inside out. They can help point you in the direction of the most suitable private equity partner.
When selecting a partner, you should consider that you will be working closely with them for a number of years, so you need to be able to trust them and share good chemistry. The best advice I was given was that it’s not about accepting the highest initial offer, but the partner that will bring the most value to your business and your own personal development in the long run.
ABOUT ASHTONS HOSPITAL PHARMACY SERVICES & CEO YACHNA TAK
Ashtons Hospital Pharmacy Services (Ashtons) provides
medicine management solutions to the independent healthcare
sector in the UK. Its services include clinical pharmacy support and the supply of medication.
In early March 2020, the business secured a significant investment from LDC to drive organic growth, further develop its software offering and expand its warehouse and distribution infrastructure.
Yachna Tak is the CEO of Ashtons and is responsible for the operation and strategic direction of the business. With a background in pharmacy, Yachna has a wealth of experience and across her extensive career has been instrumental in bringing about improved medicine management in independent hospitals, hospices and clinics.
LDC is sharing inspirational stories from its current and past portfolio company leaders to mark 40 years of backing ambitious businesses across the UK.