March 2026
PwC Debt and Capital Advisory is pleased to have advised GoodShape, a part of MARCOL Health and a leading UK enterprise health management platform, on an ARR financing provided by Growth Lending.
The transaction optimises the company's capital structure as it enters an exciting phase of growth. The new financing provides working capital to support client onboarding and service delivery, enables further targeted investment in the platform’s technological and AI capabilities, and enhances financial flexibility to support the company's long-term growth strategy.
For more than a decade, GoodShape has partnered with over 200 organisations, managing 30 million absence days across nearly 800,000 employees, to identify, intervene in, and provide actionable intelligence on employee absence and workforce health. GoodShape's platform helps organisations unlock greater value from their workforce by enabling effective return-to-work, reducing absence, and automating best-practice processes. This experience has created the UK’s largest proprietary workplace health dataset, comprising over 1.5 billion data points; providing the intelligence that underpins its predictive capability and proven results.
PwC is proud to have supported the company and MARCOL Health in securing a financing package that underpins the next stage of the company's development.
The PwC team advising on the deal was led by Adam Horey and Sofia Butt, with support from Steven Asquith, Agnes Porolniczak and Matthew Tatton.
"This refinancing provides us with the platform to deliver on the significant growth opportunities ahead, at a time when demand for our services continues to accelerate as employers increasingly recognise the strategic value of proactive workforce health management. The PwC team provided expert guidance throughout the process and were instrumental in securing a facility that is well aligned with our ambitions for the business."
“The management team has built a platform that solves a genuine and growing problem for employers, and they’ve developed it into a strong base of recurring revenue. We’re pleased to be supporting the next stage of the growth journey. This facility strengthens the business’s position and gives them the headroom to continue scaling in a market where demand is only increasing.”