Grant Thornton advises Holt Doctors and LMS Recruitment Systems Limited Holt Doctors and LMS Recruitment Systems Limited have been sold to nGage Specialist Recruitment Limited

August 2021
Holt Doctors
LMS Recruitment Systems
Adviser to Holt Doctors and LMS on their sale to nGage
£undisclosed
Grant Thornton team
Recruitment
Sell side
Corporate finance
UK

We are delighted to have advised Holt Doctors and LMS Recruitment Systems Limited on their sale to nGage Specialist Recruitment Limited.

Holt Doctors and LMS Recruitment Systems (the Group) are a specialist medical workforce management business, with a reputation for innovation, high quality candidate placements, and first-class client service. Their proven business model focuses on the supply of doctors and other healthcare professionals to the NHS and private sector. 

The Group has become a market-leader operating in an attractive market, and demonstrated resilience throughout COVID-19. The founders had different ambitions and were looking for a strategic partner to help take their business to the next stage of its lifecycle. 

We had a strong existing relationship with the founders who were aware of our extensive experience in the healthcare recruitment sector. 

We worked closely with the management team whilst running a full sale auction process, targeting a shortlist of strategic parties. We positioned the business to maximise value and delivered a hands-on approach throughout the transaction, ultimately leading to a successful exit. 

Our strong client relationship allowed us to add value to the business, by truly understanding the Group’s key value drivers. This enabled us to structure a deal that resulted in a favourable outcome for our client, and led to a timely and seamless completion.  

Testimonial

We chose the Grant Thornton corporate finance team due to their extensive experience in our sector. We worked very closely with the team and their guidance and support resulted in a streamlined process, achieving the best result for the shareholders and finding the right partner for the business going forward.

Tracy Ward Managing Director, Holt Doctors

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