Healthshare

  • Date of Transaction: Dec 2024
  • Acquirer: Connect
  • Service: M&A
  • Sector: Healthcare

"Thank you for all your help on this, we're incredibly grateful for all your advice and support" Nick McGrath, CEO Healthshare

Alpha Helix Corporate Finance advises on transformative merger of Healthshare and Connect, creating a market leader in independent musculoskeletal (MSK) and diagnostic services.

Alpha Helix Corporate Finance is pleased to have advised on the successful merger of Healthshare, a leading provider of MSK and diagnostic services, backed by BGF, with Connect, a prominent player in outsourced MSK services, backed by LDC. This strategic transaction creates a market-leading entity poised to significantly enhance patient services for the NHS.

The merger with Connect represents a compelling strategic fit, and brings together two highly complementary businesses, creating a market leader with enhanced scale, expanded service offerings, and a stronger platform for future growth. Alpha Helix is proud to have facilitated this transaction, which will drive innovation and improve patient outcomes within the independent healthcare sector.

Neil Cook, COO of Healthshare stated – “Gordon and Sam were always available to support and willing to dig into the detail to support the team. They were instrumental in negotiating the key commercial terms of the deal as well as ensuring that we weren’t leaving value on the table through the net debt and working capital calculations. Alpha Helix also oversaw the due diligence and managed the timeline and process to a successful conclusion. We’re delighted with the outcome and to have found such a complementary partner in Connect. We look forward to the next chapter”