Announced
Completed
Financials
Tags
health care solutions
Acquisition
Private
Canada
Friendly
Health Care Services
Single Bidder
Majority
Completed
Synopsis
LM Holdings completed the acquisition of the Canadian Healthcare services business of Watchstone Group-owned Quindell Services, which provides car repair, medical and legal services, for £22m. "Firstly, I would like to thank the Healthcare Services team for their hard work during the Group's ownership of the business. We believe this transaction will benefit the Healthcare Services business, LMH and most importantly, its patients and clients. As part of LMH, we expect Healthcare Services and its people to thrive. From a personal perspective, I would like to thank Heather Shantora, the Healthcare Services CEO, for her tireless work in improving the business, its operational performance and its service to patients. The Board will miss working with Heather and the team and wishes them great success in the future," Stefan Borson, Watchstone Group Chief Executive Officer.
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