BPE Solicitors acts for Totally plc on latest multi-million pound acquisition
The Corporate team at Gloucestershire-based BPE Solicitors has acted for longstanding AIM-quoted client, Totally plc, on its acquisition of Pioneer Health Care Limited, in a deal worth up to £13 million.
Pioneer Health Care delivers insourcing and outsourcing services across a wide range of surgical and medical specialities to NHS patients and holds contracts with NHS Foundation Trusts and Clinical Commissioning Groups, predominantly across the North of England. Pioneer Health Care will be brought together with Totally Healthcare, which forms Totally plc’s insourcing division, to create a single, established, provider of insourcing and outsourcing services under the Pioneer brand.
Corporate Team Leader and Partner, Louise Grzasko, led the team advising Totally plc, with support from Associate, Kathryn King. The transaction was a true cross-firm collaboration with the firm’s Employment, Commercial Property and Commercial teams all contributing to the deal’s completion.
Wendy Lawrence, Chief Executive Officer of Totally plc commented, “We are very excited to add Pioneer Health Care’s services to our portfolio and to be able to continue to offer vital support to the NHS as it recovers from the COVID-19 pandemic”.
She continued, “We have worked with Louise and BPE Solicitors for many years and have always valued the team’s technical expertise and commitment to getting our deals done. This was the latest step in our ‘buy and build’ strategy and we will not hesitate to instruct BPE Solicitors again”.
Louise said, “It is always a pleasure to work with Wendy and the team at Totally and to play a small part in the group’s growth plans. This was the second time in three months that we have acted for Totally on an acquisition and we all look forward to working with them again on their next project”.
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