Health Transportation Group (HTG-UK), a leading UK provider of patient transportation services, has completed the acquisition of First Care Ambulance, a Devon-based transport provider for NHS patients.
The acquisition represents a key strategic step for HTG-UK, opening the door to patient transport services across Devon, and strengthening the Group’s presence in the South West. First Care Ambulance has built a strong reputation for delivering high-quality, reliable patient transport services for almost 30 years, so their acquisition will complement HTG-UK’s existing operations and growth ambitions.
The acquisition was led by Jack Parker, Corporate Finance Manager at Hawsons. Jack supported the process from the letter of intent stage through to completion, provided financial and tax due diligence, together with wider SPA advisory. The team also worked closely with management to ensure a smooth and efficient transaction process.
Ed Clements, Chief Commercial Officer at Health Transportation Group, commented:
“The acquisition of First Care Ambulance is an important milestone for HTG-UK as we continue to expand our geographical reach and enhance our service offering. First Care Ambulance has a fantastic reputation in the South West and a dedicated team so the acquisition makes perfect sense for us. Hawsons provided invaluable support throughout the process with clear, practical advice at every step.”
Jack Parker, Corporate Finance Manager at Hawsons, added:
“This acquisition aligns perfectly with HTG-UK’s growth strategy and highlights the continued consolidation opportunities within the patient transport sector. It was a pleasure to work alongside Ed and the rest of the HTG-UK team and support them through each stage of the acquisition. We look forward to seeing the Group continue to grow and build on this momentum.”
If you are thinking about expanding your business through an acquisition, contact Hawsons’ Corporate Finance team. We are always happy to discuss your plans and offer practical, tailored advice.
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