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Announced

Completed

Handl Group completed the acquisition of IPRS Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Wellness

Medical Services

Domestic

Majority

medical services

Single Bidder

health care

Completed

United Kingdom

Acquisition

Private

Friendly

Synopsis

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Handl Group, a provider of executive office service for legal, insurance and healthcare sectors, completed the acquisition of IPRS Group, a company which offers a range of clinical services as physiotherapy, rehabilitation products, medical repatriation, and specialist services. Financial terms were not disclosed. “This is a significant growth opportunity that will give us additional scale and new distribution channels in private medical insurance (PMI), as well as elite sport, an IPRS Group specialism. It will also further cement the relationships handl Group currently has with the UK insurance industry. It is the biggest acquisition handl Group has completed to date, and we intend to support IPRS Group’s ambitious growth plans through additional investment, access to the skilled people at handl and also the acceleration of their already advanced digital offerings,” Graham Pulford, handl Group CEO.

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