ReSolve completes sale of medi-tech business - Resolve Group UK

ReSolve completes sale of medi-tech business

Resolve Group UK

ReSolve completes sale of medi-tech business

ReSolve is delighted to announce the sale of the business of Synapse Electroceutical Limited (Synapse) on 7th January 2020.

Synapse was established in 2003 to develop an innovative wound care product, ‘Accel-Heal’ which was accepted by the NHS in 2015.  More recently the company had been seeking to raise funds necessary for investment in its commercial activities.  In the absence of further investment, the company’s directors sought alternative options to save the product.

ReSolve completed the sale of the Company’s business and assets out of administration to Dennex Holdings (UK) Limited shortly after their appointment

‘We are pleased to have achieved a sale of this entrepreneurial business in such a short time frame, securing the employment of their employees and the future of its Accel-Heal product hopefully benefiting patients across the UK and worldwide in the future.’

Ben Woodthorpe, Partner, ReSolve

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