Management advice supports CBPE investment in Blatchford

RG Corporate Finance has advised the management team of a major UK rehabilitation specialist, Blatchford, as part of a significant Private Equity investment, which is supporting the growth of the company.

RG Corporate Finance partner, Nick Johnson, worked closely with the management team, led by CEO, Adrian Stenson, providing independent advice during the transaction, which has seen CBPE invest in the company to support its ongoing growth in UK and international markets.

Blatchford, which is a fourth-generation family business, is one of the world leaders in advanced prosthetic and orthotic devices and is a major exporter. Based in Basingstoke and employing around 800, in excess of 80 percent of Blatchford’s sales are outside of the UK and the company is active in more than 40 countries worldwide.

In addition to designing, manufacturing and distributing products, Blatchford also operates clinical service centres in the UK and Norway, which provide valuable patient feedback into the research and development of new products.  It also works closely with the NHS and the military.

CBPE will support the management team’s plans to bring a range of innovative new products to market and expand the business’ geographic reach, both organically and through acquisition.

Nick Johnson said: “As advisors to the management team RG was able to provide independent advice that optimised their financial outcomes from the transaction, but also ensured they were supported with expert analysis and knowledge to assist in the establishment of their new relationship with CBPE to help deliver the growth ambitions of the organisation.”

Carl Swansbury, Head of RG Corporate Finance, said: “We are really pleased to have been involved in this significant transaction and for Nick to have advised the management team so soon after joining RG Corporate Finance as CF Partner.  Nick has considerable experience in advising both management teams and PE investors on MBO’s, MBI’s and cash-out type transactions, which will be a key focus for Nick and the team over the coming months.”