Corporate Finance Deal Announcement: Sale of Premier Choice Healthcare to Global Risk Partners

2nd Jul 2020

MHA MacIntyre Hudson Corporate Finance is delighted to announce the sale of Premier Choice Healthcare to Global Risk Partners.

Premier Choice Healthcare Group (PCH) is a specialist healthcare intermediary providing a range of healthcare insurances to individuals and businesses. Insurances provided include private medical, dental, income replacement, business protection and term assurance.

PCH has been acquired by Global Risk Partners (GRP), an insurance intermediary. This is GRP’s first acquisition since recently securing equity investment from Searchlight Capital Partners.

Our Corporate Finance Team, Partner Laurence Whitehead and Director Craig Chamberlain, advised the shareholders of PCH throughout the negotiations, starting with the agreement of the heads of terms through to finalising the share purchase agreement and its numerous ancillary documents. The team was supported on the accounting and tax side by Andrew Moyser and Steve Tebbutt respectively. The Corporate Team at Woodfines, led by Claire Le Mouellic and Alice Wooler, advised the shareholders on the legal aspects of the transaction. 

PCH will act as the healthcare hub within the GRP Group and has been given a clear mandate to accelerate the group’s healthcare operation. The deal also enables the shareholders of PCH either to realise equity capital and/or to roll over equity into the larger GRP Group. 

Laurence commented;

"Craig and I are delighted to have advised and supported the PCH shareholders on this deal.  There were a number of intricacies which needed to be discussed and agreed as the transaction progressed, but both parties took a pragmatic approach, given their keenness to conclude a deal, which enabled us to work together to the benefit of all parties.  The future looks bright for both GRP Group and PCH, as part of the larger group, and we expect to see continued success in the future for all those who remain involved.” 

Claire Ginelly, Managing Director, PCH said of the deal; 

“After 25 years as a successful independent, we wanted to push ourselves to the next stage of growth, and are very excited to be joining GRP as the healthcare hub with a clear brief to accelerate the healthcare operation.”

About MHA MacIntyre Hudson Corporate Finance 

Our Corporate Finance team is one of the UK’s most active M&A teams by deal volume. We provide hands-on advice to business owners and management teams to develop and execute strategies and deliver transactions which create, preserve or extract shareholder value. Delivering a truly global corporate finance and M&A offering through close partnership with Baker Tilly International colleagues. 

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Private Equity Investment

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