0370 270 6000

Cooper Parry Corporate Finance and Browne Jacobson secure private equity investment in Independent Community Care Manage

21 November 2011

Cooper Parry Corporate Finance and law firm Browne Jacobson have advised the management team of Independent Community Care Management Limited ("ICCM") on the private equity investment in the company by ISIS Equity Partners ("ISIS")

Based in Kettering, ICCM supports adults and children with a range of complex conditions, including spinal cord injuries, acquired brain injuries and other degenerative disabilities such as multiple sclerosis, motor neurone disease and cerebral palsy, with a particular specialism in vented care. By building a nurse-led package to suit individual needs, ICCM gives clients the freedom to live independent lives in the community.

This investment will ensure that ICCM can continue to consolidate its excellent reputation in the East Midlands, whilst also building on existing relationships in other geographies.

Zerina Yerrell, Managing Director of ICCM said the partnership of ICCM and ISIS represented exciting times for the business.

She said: "ICCM has grown successfully throughout its history by being passionate about its clients and putting quality at the heart of everything. The investment from ISIS allows ICCM to continue to deliver exceptional levels of care and provides a strategic partner with proven healthcare credentials to assist ICCM through its next period of growth."

The business was founded by registered nurse Zerina Yerrell in 1997. ICCM currently works with 24 Primary Care Trusts throughout the UK, but is particularly strong in the East Midlands. The organisation has a team of over 300 nurses, carers and case managers, who are all employed by ICCM, to ensure ICCM delivers a quality assured, person-centred service.

David Browne and Rob Burden, of Cooper Parry Corporate Finance originated and led the transaction. Rob Burden said "We have worked closely with ICCM for a number of years and we are absolutely delighted to have completed this deal for management"

"ICCM is already a market leader in the provision of in home complex care and the partnership with ISIS will provide support and expertise to enable further growth"

Legal advice was provided by Nigel Blackwell, Paul Simpson and Christina Swales of the corporate team at Browne Jacobson.

Nigel Blackwell said: "The role of specialist independent healthcare providers has grown considerably over the last 10 years. With significant changes to the UK healthcare environment on the horizon and the prospect of greater outsourcing of services the future looks promising for companies such as ICCM. We are delighted that private equity investors such as ISIS are prepared to invest into this growing and resilient sector."

Focus on...

Press releases

Bishopsgate and Browne Jacobson advise on US firm’s acquisition of Notts based tech services business Custard

Bishopsgate Corporate Finance and law firm Browne Jacobson have jointly advised on the acquisition of award-winning tech solutions business, Custard Technical Services by US managers services and cyber security provider, Thrive.


Press releases

Browne Jacobson corporate tech lawyers advise Agilico on significant acquisition of managed print services specialist

Browne Jacobson’s corporate technology dealmakers have advised Agilico, a workplace technology business, on its acquisition of Capital Document Solutions Limited for an undisclosed amount.


Press releases

Browne Jacobson advise environmental giant Suez on its £2bn international acquisition of former waste management business

Browne Jacobson’s lawyers have advised Suez SA and its shareholders on its acquisition of its former UK waste management business – Suez R&R UK - from French headquartered business Veolia for an enterprise value of £2 billion.


Press releases

Browne Jacobson’s Private Equity specialists advise Palatine on key CTS exit

Browne Jacobson’s national private equity (PE) lawyers have advised leading mid-market PE investment firm, Palatine Private Equity (Palatine) on its exit from CTS Group, the fast-growing specialist in testing, inspection and geoengineering consulting services to the construction and infrastructure sectors.