The deal, led by BPE Equity Partner, Anthony Rudge, saw Totally Plc complete its first acquisition, procuring the entire issued share capital of Premier Physical Healthcare Limited for a total of £6.75 million. The company raised £6.2 million from new and existing investors via a subscription of ten million new Ordinary Shares at a price of 62p per share, following Shareholder approval.
Anthony said: “We are committed to strengthening relationships with our clients as well as helping our clients strengthen their businesses. Completing the acquisition within allotted timescales for Totally, and ensuring tax expectations could be managed for Premier Physical, required careful management to ensure the interests of both parties were fully considered. We are very pleased with this outcome and will continue to support Totally Plc as they move forward with future developments.”
Wendy Lawrence, Chief Executive of Totally plc said "The team at BPE led by Anthony Rudge supported Totally with its first acquisition in a professional and timely manner. We set ourselves a very challenging timetable that was met with hard work and professionalism from everyone involved. We look forward to working with them in the future as we progress our acquisition strategy."
Totally Plc, based in London, is focused on the provision of professional health services including coaching which promotes and facilitates self care, supporting individuals to better understand and manage their clinical conditions.
Established in 1997, Premier Physical Healthcare Limited work in close association with medical specialists to treat, rehabilitate and prevent recurrence of injuries.
The corporate team at BPE always pride themselves on being more than just lawyers, acting also as trusted business advisers for their clients. Through their ethos of supporting businesses throughout their development, the law firm aims to help structure businesses to achieve sustained growth. Whether the growth objective is organic, through joint ventures, buying and selling or floating on the stock market, BPE will help those plans become a reality by nurturing long-term business relationships.