Pictured: (From left at back) Paul Simpson , Browne
Jacobson, Matt Caffrey ISIS, Cath Conopo HR Director, ICCM,
Bill McClimont Chairman, ICCM Rakesh Rajani Finance Director,
ICCM. Front row: Rob Burden, Cooper Parry and Zerina
Yerrell MD, ICCM
Cooper Parry Corporate Finance, with offices in Derby,
Nottingham and Leicester 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").
ICCM, based in Kettering, 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."
For more information about Cooper Parry, please visit their
website here: www.cooperparry.com