Grant Thornton advises Routes Healthcare Routes Healthcare receives investment from Palatine Private Equity LLP

June 2021
Routes Healthcare
Adviser to Routes Healthcare on their investment by Palatine Private Equity
£undisclosed
Grant Thornton team
  • Peter Jennings
    Peter Jennings
    Head of Private healthcare, Corporate Finance Advisory
Private sector healthcare
Sell side
Corporate finance
UK

We are delighted to have advised Routes Healthcare on receiving investment from Palatine Private Equity LLP.

Routes is a leading provider of specialist person-centred health and homecare services.  

Operating from 14 branches across the North, the business provides specialist complex care packages for people with long-term health conditions, clinically led enhanced homecare packages and end of life care, thereby enabling people to spend their final days at home. 

Backed by Key Capital Partners (since 2016), the shareholders engaged with us to act as lead advisers on the sale of the business. 

Our corporate finance team executed a streamlined yet highly competitive process with a focused selection of key private equity and trade buyers to unlock maximum value for the shareholders and find the right strategic partner for management going forwards. 

Palatine were introduced to the process by us and eventually chosen as the preferred partner, supported with reinvestment from Key Capital Partners. 

We led the detailed negotiations, project managed various diligence streams and advised on the key commercial terms of the transaction. We also provided tax and debt advisory services on the deal in an example of how our integrated service offering can be used to facilitate transactions and protect value for our clients. 

Testimonial

I am very grateful to the diligence, patience and dedicated support received from Grant Thornton. From preparation through to final execution, the guidance, advice and direction was incredibly helpful - notwithstanding sector knowledge of the team being a critical success factor. Thank you to team for all of the support received, you regularly went over and above the remit to ensure we achieved mutual success for all stakeholders.

Founder Routes Healthcare

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