Wilkes Acts on Sale of Leading £40m Cosmetic Surgery Business
The Wilkes Corporate Team has successfully completed the sale of longstanding client Hospital Medical Group. The firm acted for the major shareholders, who have sold the group to German private equity firm Aurelius for an undisclosed sum.
Bromsgrove-based Hospital Medical Group employs around 300 people at its 15 clinics across the UK, providing cosmetic surgery, cosmetic dentistry, weight-loss services and non-surgical treatments.
The Wilkes team was led by Corporate partner Jeremy Parkin, supported by Mike Linford, and delivered against a tight timescale. KPMG acted as corporate finance advisers to the shareholders.
Jeremy Parkin commented, “Hospital Medical Group have been a valued client and we have enjoyed acting on their behalf. The deal demonstrates our ability to operate at this level and realise for the sellers the value which they have built in their business.”
The departing chief executive of Hospital Medical Group, who sold his interest, commented: “Wilkes have provided an excellent service to the business over many years and they played a key role in the successful sale.”
If you would like more information about how Wilkes can help your business, please contact a member of the Corporate team on 0121 233 4333 or firstname.lastname@example.org.