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Buy & build healthcare technology

Investing in the digital future of healthcare

PCD CareHub offers a unique buy-and-build model that brings proven healthcare technology together in one cohesive ecosystem. We create long-term value by developing, acquiring and integrating healthcare technology into one digital platform.

Boardroom meeting on investment strategy in healthcare technology
Investment strategy

What is PCD's investment thesis?

Buy-and-build in healthcare technology is an investment strategy that brings together proven healthcare software companies into one cohesive ecosystem to achieve economies of scale and interoperability. The market for healthcare technology in the Netherlands and Europe is growing at a rapid pace. Healthcare organizations are under pressure to digitalize, while the supply of software solutions is highly fragmented.

This fragmentation creates a unique opportunity for consolidation. By bringing proven healthcare software companies together under one umbrella, a platform emerges that adds value for all parties.

The CareHub serves as a platform play: an ecosystem that connects best-of-breed solutions via open standards such as FHIR and HL7. Read more about our strategy.

€6.2 bn

Digital healthcare market size NL

Source: Zorginstituut Nederland, 2024

12%

Annual growth

Source: Grand View Research, 2024

50+

Acquisition targets identified

Our approach

How does the buy-and-build model work?

From identification to international scaling: our proven four-step approach to value creation in healthcare technology.

1

Identify

We identify proven healthcare software companies with strong products, loyal customers and a sustainable business model. Our deal flow focuses on the Dutch and European care sector.

2

Acquire

Strategic acquisitions with a focus on team retention and cultural fit. We invest in people and technology, not just revenue. Founders and teams stay on board.

3

Integrate

Connection to the CareHub ecosystem via open standards (FHIR, HL7). Interoperability as the foundation for collaboration and value creation.

4

Scale

Cross-selling within the ecosystem, shared services for efficiency, and international expansion into the European healthcare market. Scale advantage through collaboration.

Distinctive capabilities

Why invest through PCD?

PCD CareHub is a healthcare technology company that grows through acquisition. We combine deep sector expertise with a proven ecosystem strategy for long-term value creation.

Criterion PCD CareHub Traditional PE
Strategy Ecosystem buy-and-build Financially driven roll-up
Horizon Long-term value creation 3-5 year exit-driven
Sector expertise Deep in Dutch healthtech Generalist, rotating sector focus
ESG Core principle, integrated in every decision Reporting obligation
Portfolio synergy CareHub integration, cross-selling Limited, standalone companies

Deep healthcare domain expertise

Years of experience in the Dutch and European healthcare sector, with knowledge of regulations, workflows and market dynamics.

Proven ecosystem strategy

Not a financial roll-up, but a deliberate platform strategy that creates synergy value between portfolio companies.

ESG-first approach

Societal impact and sustainability are central to every investment. Read our ESG statement.

Strong operational support

Hands-on support for growth, product integration, compliance and go-to-market strategy for portfolio companies.

Access to deal flow in NL/EU healthtech

A broad network and deep insight into the European healthtech market ensure a continuous stream of quality investment opportunities.

Sustainable investing

How are ESG principles integrated into investments?

At PCD CareHub, ESG principles are not an afterthought but an integral part of our investment process. From privacy-by-design and security-by-default to societal impact and sustainable growth — we believe that responsible investing and returns go hand in hand.

All portfolio companies comply with NEN 7510, ISO 27001 and the GDPR. We anticipate the Wegiz and the European Health Data Space (EHDS), ensuring our investments are future-proof.

Read our ESG statement
Frequently asked questions

Frequently asked questions about investing in healthcare technology

Interested in investing in digital healthcare technology?

Discover how PCD CareHub creates long-term value through the CareHub ecosystem. Get in touch for a confidential conversation about investment opportunities.