Grant Thornton advises Bailey Instruments Limited Bailey Instruments Limited has been sold to Marsden Group Holdings Limited

July 2023
Bailey Instruments Limited
Marsden Group Holdings Limited
Adviser to Bailey Instruments Limited on their sale to Marsden Group Holdings Limited
£undisclosed
Grant Thornton team
Private sector healthcare
Sell side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised Bailey Instruments Limited on their sale to Marsden Group Holdings Limited

Bailey Instruments, founded in 1984, is based in the North West and supplies high quality surgical instruments and devices for use in podiatry and ENT procedures to global healthcare markets.

It has been a trusted supplier to the NHS for more than 30 years and also distributes globally to countries including the US, Australia, Singapore and Ireland.

 The founding shareholders asked our Healthcare Corporate Finance team to advise and support them in respect of the sale of the business as they looked to step back and realise their investment in the business.

Marsden Group, backed by Alcuin Capital, are a market leader in the healthcare sector and will provide the investment and support to enable Bailey to continue to thrive.

We led the detailed negotiations to maximise shareholder value and ensure that the transaction terms and structure met and exceeded the shareholders’ objectives.

We provided hands on support throughout, project managing various diligence streams and providing solutions-focused advice to ensure the successful completion of the transaction.

Nick Jones, who led the deal, commented “We are delighted to have advised the shareholders of another outstanding business in the medical products sector and look forward to seeing it continue to thrive.”

Testimonial

We are extremely grateful to Nick, Cariad and the rest of the Grant Thornton team for all of their hard work supporting us on this important phase of Bailey’s journey. Their experience, expertise and pragmatic advice throughout has been invaluable. We wouldn’t hesitate to recommend them.

Tim Bailey Founder, Bailey Instruments Limited

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