London, 3 March 2010 Quayle Munro Limited, the UK merchant bank, is pleased to announce that it has advised Virgin Healthcare Holdings on its acquisition of a majority shareholding in Assura Medical Limited (“AML”) from Assura Group. AML operates a number of GP Co’s which are healthcare provider organisations formed in partnership with GPs. They provide a range of primary and intermediate community-based care services and have established themselves as high-quality and cost effective care providers to NHS patients. Quayle Munro advised Virgin on the structuring and execution of the transaction. Andreas Wesemann, Managing Director at Quayle Munro, commented: “Quayle Munro is delighted to have advised Virgin on its investment in AML. Virgin Healthcare is ideally positioned to take advantage of the shake-up of healthcare provision in the UK as patients and commissioners seek better, more flexible and cost-effective treatment. Virgin has a strong record of providing high-quality customer service, and we are confident that it will develop into a major force in the UK healthcare sector in coming years.” Patrick McCall, Managing Partner Health & Wellness, Virgin Group, said: “Healthcare is a sector that the Virgin Group has been extremely interested in entering for some time but we have always said that the partner and the timing had to be right – with Assura we believe we have found the perfect partner. We are very pleased to have worked with Quayle Munro on this transaction.” For further information:Andreas Wesemann, Quayle Munro Tel: 020 7907 4200John Kiely/Gemma Froggatt, Smithfield Tel: 020 7360 4900 Notes to Editors: Quayle Munro (www.quaylemunro.com) is an AIM-listed independent merchant bank, active in corporate finance, public finance, specialist fund management and investment on its own account. The Quayle Munro Healthcare Group has in-depth expertise in advising healthcare providers and investors on a wide range of strategic transactions, equity and debt financings, reorganisations, and PFI/PPP deals. Virgin Group is an internationally recognised branded investment group, which has interests in over 200 companies in a broad range of sectors including transport, communications, financial services, and health and wellness.
London, 3 March 2010 Quayle Munro Limited, the UK merchant bank, is pleased to announce that it has advised Virgin Healthcare Holdings on its acquisition of a majority shareholding in Assura Medical Limited (“AML”) from Assura Group. AML operates a number of GP Co’s which are healthcare provider organisations formed in partnership with GPs. They provide a range of primary and intermediate community-based care services and have established themselves as high-quality and cost effective care providers to NHS patients. Quayle Munro advised Virgin on the structuring and execution of the transaction.
Andreas Wesemann, Managing Director at Quayle Munro, commented: “Quayle Munro is delighted to have advised Virgin on its investment in AML. Virgin Healthcare is ideally positioned to take advantage of the shake-up of healthcare provision in the UK as patients and commissioners seek better, more flexible and cost-effective treatment. Virgin has a strong record of providing high-quality customer service, and we are confident that it will develop into a major force in the UK healthcare sector in coming years.”
Patrick McCall, Managing Partner Health & Wellness, Virgin Group, said: “Healthcare is a sector that the Virgin Group has been extremely interested in entering for some time but we have always said that the partner and the timing had to be right – with Assura we believe we have found the perfect partner. We are very pleased to have worked with Quayle Munro on this transaction.”
For further information:Andreas Wesemann, Quayle Munro Tel: 020 7907 4200John Kiely/Gemma Froggatt, Smithfield Tel: 020 7360 4900
Notes to Editors:
Quayle Munro (www.quaylemunro.com) is an AIM-listed independent merchant bank, active in corporate finance, public finance, specialist fund management and investment on its own account. The Quayle Munro Healthcare Group has in-depth expertise in advising healthcare providers and investors on a wide range of strategic transactions, equity and debt financings, reorganisations, and PFI/PPP deals.
Virgin Group is an internationally recognised branded investment group, which has interests in over 200 companies in a broad range of sectors including transport, communications, financial services, and health and wellness.
Quayle Munro Limited is authorised and regulated by the Financial Services Authority Quayle Munro, Inc. is a member of FINRA/SIPC