Thursfields Solicitors advise on sale of Shropshire health care business
The corporate and employment teams at Thursfields Solicitors have advised on the sale of a Midlands-based health care company to a fast growing health care fund.
AJ Case Management Ltd has been acquired by Active Care Group, which is owned by the Montreux Health Care Fund.
Thursfields Director Gareth Burge and Solicitor Joe Rollins led the corporate team with employment advice provided by Senior Associate Jade Linton.
AJ Case Management provides case management and community rehabilitation services to clients with a range of complex needs, in the West Midlands and throughout the UK.
Jan Tulloch, Director and shareholder of AJ Case Management Ltd, said: “Gareth and Joe supported us with the sale of our business. The service they provided was extremely efficient and allowed the sale to go through quickly and smoothly.
We felt reassured by their expertise throughout the process and would have no hesitation in recommending their services.”
Pippa Hawkes, a Director at BSN Associates, provided corporate finance advice to AJ Case Management Ltd. Active Care Group were advised by law firm Gowling WLG and national audit, tax, advisory and risk firm Crowe.
Gareth Burge said: “The deal sees the existing management of AJ Case Management retained and the business will be integrated into Active Care Group’s activities both locally and nationally.”
Oliver Harris, CEO, Montreux Capital Management (UK), said: “AJ Case Management will complement the existing portfolio and add key staff which will have an impact across the whole business.
Active Care Group’s case management division is the largest in the sector, allowing the complex and residential divisions to offer the right care package to our case management clients.”
In a further deal Active Care Group has also acquired Medbank, a specialist provider of healthcare recruitment solutions, supplying nurses and healthcare staff to the NHS and private sector organisations across the West Midlands.
If you require legal advice when selling or buying a business please contact Gareth Burge on 01905 677043 or gburge@thursfields.co.uk
