International law firm Eversheds has advised Hutton Collins, in conjunction with the management team, on its acquisition of Healthcare at Home (EGX Limited).
International law firm Eversheds has advised Hutton Collins, in conjunction with the management team, on its acquisition of Healthcare at Home (EGX Limited). The company was acquired from the existing shareholders including the founder Charles Walsh and funds advised by private equity firm Apax Partners. As part of the transaction the management team led by Charles Walsh and Mike Gordon will remain majority shareholders.
Healthcare at Home was founded in 1992 and provides home-based treatments for NHS patients, pharma companies as well as working with consultants and private health companies. Last year Healthcare at Home made 75,000 visits to over 5,000 patients in the privacy of their own home.
Eversheds experienced and well respected healthcare team were fully involved with the work, ensuring that the tight timescales and deadlines were met.
‘We are well known for our work with the NHS and private healthcare sector,’ says Richard Moulton, lead corporate partner. ‘Delivery was key for the sellers and we were able to work with Hutton Collins to make sure that the transaction was completed on time and met everyone’s requirements.’
Douglas Oppenheim, from Hutton Collins adds: ‘The deal needed excellent project management skills and health sector experience. Eversheds were very responsive to our needs and quickly deployed a team which had the necessary expertise to deliver the deal to a very tight deadline.’
Richard Moulton was assisted by banking partner Nick Swiss, corporate associate Debbie Fuller, and by Paul McGough from the health sector team. UBS Investment Bank acted as sole financial adviser to Healthcare at Home. Hutton Collins was advised by Investec.