If you continue, we'll assume that you are happy to receive all cookies on the SearchMe4 website.
Accountants, Auditors and Related Services in Nottingham
Midlands-based HSKS Greehalgh Corporate Finance has advised a long-standing healthcare client on a multi-million pound acquisition.
HSKS Greehalgh – which has offices in Burton, Nottingham, Derby and Utoxeter – has helped Mediline Nurses and Carers complete a deal with acquire North West Community Services Ltd.
The combined business will generate revenues in excess of £20m and safeguard a workforce of more than 1000 employees.
Established in 2003, Mediline has grown into one of the Midlands’ largest domiciliary care providers, supporting local authorities across Staffordshire, Derbyshire and Nottinghamshire.
North West Community Services Ltd was founded in 1986, and provides a range of services including 24-hour supported living, supported employment and training.
Funding for the deal was provided by Barclays and legal advice was provided by Actons Solicitors.
Mediline’s founder Peter Cook said: “The acquisition of NWCS provides Mediline with opportunities to diversify into a wider range of care provision and support services within its traditional market in the East and West Midlands.
“The amalgamation of the two companies will increase our mutual security, whilst providing additional opportunities for our carers and staff as we look to grow the organisation.
“We look forward to integrating the businesses under the leadership of our managing director, Michael Baines.”
Simon Hopkin of HSKS Greenhalgh said: “We are delighted to have helped our long standing client complete on this transaction.
“It has been a complex deal but makes the client a significant operator in the sector with good potential for further growth.”
Simon Dakin, partner of Actons, said: “We were very pleased to work alongside HSKS Greenhalgh and Barclays to secure this important strategic acquisition for Mediline.”
NWCS was represented by RSM and Napthens Solicitors.
Free listings are ©
All rights reserved By SM4 UK Business Directory
Best in all UK Business Directories
Paid listings are ©
All rights reserved