Client work
Health sector team assists Cairngorm Capital Partners on major M&A deal
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A health-sector focused team from Gowling WLG has assisted Cairngorm Capital Partners LLP (Cairngorm Capital) on the merging of its portfolio company, E-zec Medical Transport Services (E-zec) with ERS Transition Limited (trading as ERS Medical).
The partnership creates the UK's stand-out industry leader in the provision of non-emergency patient transport services to the NHS and local authorities. The enlarged business serves more than 50 commissioning bodies with the support of 2,500 specialist employees, from 55 operational sites nationwide. In 2022, the combined business generated revenues in excess of £100 million.
Corporate partner Ian Piggin led the team which was also made up of partner Alasdair McKenzie (debt), principal associates Tom Rank (tax) and Elizabeth Napier (property), senior associate Aimee Hassell and legal apprentice Maya Thompson (both corporate).
Commenting on the advice provided to Cairngorm, Ian said:
"This landmark deal follows on from Cairngorm's acquisition of E-zec Medical Transport Services (E-zec) in 2021, so we are delighted to have assisted in a further evolution of this brand. Our experience in the sector was an important factor in us working with the Cairngorm team on both deals and the company's on-going growth trajectory."
Craig Smith who is CEO of E-zec Medical Transport Ltd said:
"We are delighted with the partnership that's been formed with ERS as it will truly help us to support those in our communities who need us the most. The legal advice provided by Gowling WLG helped forge this partnership efficiently and comprehensively – we look forward to working with them again in future."
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