UK-based mid-market private equity investor Livingbridge has exited its investemnt in Habit Health through a sale to Five V Capital, marking the sixth exit for its 2016 vintage fund, Livingbridge 6.
Habit was founded in 2002 and provides rehabilitation and mental health services in New Zealand.
Livingbridge first invested in Habit in 2018 — the second investment out of the firm’s Australian office — and has overseen the increase of the company’s employee numbers from 285 to 877.
Livingbridge has supported ten acquisitions for Habit, while the firm’s data & analytics team helped implement a data insight platform.
