Cooper Parry Corporate Finance recently provided advice to WestBridge Capital (WestBridge), on its acquisition, alongside the management team,of Ashwood Baker Investments Limited (AJM Healthcare).
AJM Healthcare is a leading provider of mobility services and community equipment solutions to local authorities and the NHS. The business serves over 85,000 customers per year, mainly across London and the South East.
WestBridge is an award-winning private equity house investing in established and ambitious companies across the UK. WestBridge works closely with entrepreneurs and managers to create value for all shareholders.
We provided buy-side advisory services to WestBridge, utilising their sector knowledge in outsourced government healthcare services.
Our Corporate Finance Partner, Andy Parker, said:
“NHS outsourcing is a market that continues to grow. Providers like AJM, who demonstrate quality outcomes for commissioners and end customers are particularly attractive. Interest in the wider healthcare sector remains high with this transaction following our recent work on the sale of Blink Medical to US Private Equity in July.”
Tim Whittard, Investment Director at WestBridge, said:
“We are extremely pleased to complete our investment in AJM Healthcare. Cooper Parry’s in-depth sector knowledge and support were key in helping us to get the deal over the line.”