PwC Corporate Finance advises on the sale of Hospital Services Group Limited

The PwC Corporate Finance team is delighted to announce that they have successfully advised the shareholders of Hospital Services Group Limited ("HSL") on its sale to Asker Healthcare Group AB ("Asker").

HSL, headquartered in Belfast, which includes the HSL, MDI, Fleetwood, and Orca Medical brands, is a leading value-add supplier of medical products and solutions, serving the UK and Ireland. With a presence in every hospital across the island of Ireland and an expanding customer base in Great Britain, the company operates across seven locations in the Republic of Ireland, Northern Ireland, and Great Britain, employing over 160 people.

Asker is headquartered in Stockholm, Sweden, and its portfolio consists of more than 30 companies, employing more than 3,500 co-workers in Europe. Asker builds and acquires leading companies within medical supplies, devices, and equipment in Europe. The group's mission is to offer reliable and sustainable services to caregivers, thereby improving patient outcomes, reducing the total cost of care, and ensuring a fair value chain.

PwC provided advisory services to the shareholders of HSL, which included Foresight and the management team.

PwC Corporate Finance acted as the lead financial adviser for this transaction. The PwC team advising on the deal included Cara Haffey, Issy Corbett, Robbie Kirk, Christopher Clegg, and Alan Hamill.