GBUK, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired Care & Independence (“C&I”), a fast-growing UK provider of patient handling and moving devices.
Founded in 1985, C&I specialises in the provision of medical slings, bathing equipment and broader postural support devices. Within its core UK market, C&I is a preferred supplier to the National Health Service (“NHS”) and primarily serves the needs of patients within the community setting via loan store operators, independent local authorities, and NHS Trusts. Like GBUK, C&I operates a clinician-orientated high-touch sales model that supports Occupational Therapists with clinical product training and patient requirement assessments.
The acquisition of C&I represents GBUK’s first acquisition since AMCE’s investment in December 2023. The acquisition is expected to strengthen GBUK’s positioning within the UK patient handling market, providing further breadth to GBUK’s product offering and an established platform for growth within the community-setting.
AMCE and GBUK were advised by Burness Paull as legal adviser, Accuracy as accounting adviser, and EY as tax adviser.
About GBUK
Headquartered in the United Kingdom, GBUK designs, develops and distributes a comprehensive portfolio of own and third-party branded acute-setting medical devices across enteral feeding, vascular access, patient handling and the broader critical care environment. The Company is a top 20 supplier to the UK NHS and supports healthcare professionals and patients in over 45 countries with more than 600,000 medical devices daily. GBUK has demonstrated a track record of penetrating new care areas by leveraging its R&D capabilities and a high-touch sales model hinging on wrap-around services.
About A&M Capital Europe
AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and C&I represents AMCE’s twenty-second transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages funds and accounts with commitments totalling ~€5.5 billion across four investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.