The MH Corporate team has acted for neurological rehabilitation platform Christchurch Group, backed by Sovereign Capital, on the acquisition of Hunters Moor Residential Limited.
MH advised the Christchurch Group on all aspects of the deal including the investment, funding and acquisition of Hunters Moor. Acquisition finance was provided by Bank of London and the Middle East plc.
Based in Birmingham, Hunters Moor provides similar services to those of Christchurch, namely neurological rehabilitation services for adults with acquired and traumatic brain injuries and spinal injuries. Hunters Moor comprises two units with a total of 45 beds; one unit caters for those needing neurological rehabilitation with complex, physical rehabilitation needs, while the other specialises in neurological rehabilitation for individuals with challenging behaviours or those requiring sectioning under the Mental Health Act. In addition, Hunters Moor offers community-based support and rehabilitation to service users who have been discharged.
The medical team is led by one of the leading neurological rehabilitation specialists in the UK, Professor Mike Barnes, who is Professor of Neurological Rehabilitation at University of Newcastle upon Tyne and also founder and immediate past President of the World Federation of Neurological Rehabilitation.
Commenting on the transaction, Dominic Dalli, Partner at Sovereign, commented: “With the current under provision of specialist neurorehabilitation services in England we are delighted to bring together two of the leading service providers”.
Duncan Innes (Corporate partner) led the MH team, comprosing Hugh Gardner (Banking partner), David Strong (corporate associate), Simon Orriss (Corporate trainee), Mark Lavers (Property partner) and Bob Cordran (Employment partner).