Debt Advisory

ABL Health

Adviser to private equity firm, Bay Tree, on its investment in leading provider of community driven holistic health and wellbeing services, ABL Health.

The deal

Bay Tree, the London-headquartered private equity firm, has invested in ABL Health, the UK’s leading provider of community driven holistic health and wellbeing services, to support its ongoing growth strategy.

ABL Health, which is based in Bolton, works with the NHS, local authority commissioners and within local communities. Bay Tree’s investment will enhance ABL Health’s position as the provider of choice in public and mental health services, and in its mission to reduce health inequalities for the most vulnerable people.

Bay Tree was supported by our Debt Advisory team on the investment. Our London team, led by Partner Tom Cox, Director Umito Choji and Manager Brad Gayler, acted as advisers to the firm throughout the transaction process.

This involved managing all debt-related aspects of the deal, including advising on the debt raise, approaching a focused group of lenders, negotiating detailed term sheets, financial covenants and supporting the legal process, to help ensure the best possible outcome for both parties.

Tom Cox, Debt Advisory Partner, said: “We are proud to have supported Bay Tree and ABL Health on this transaction. It was a privilege to work with such a socially impactful business as ABL, and to assist a valued client in Bay Tree once again to achieve this positive outcome.”

Ed Cottrell, Partner at Bay Tree Private Equity, added: “We were pleased to work with the FRP Debt Advisory team once again. They provided invaluable advice and support throughout the transaction, not only managing the debt process with precision against a tight timetable but also going above and beyond to deliver the best outcome. They demonstrated once again they will do what it takes to get results, acting as a natural extension of our team.”

Deal summary

Date:

May 2024

Sector:

Healthcare

Deal type:

Management & leveraged buyout financing

Deal size:

Undisclosed

It was a privilege to work with such a socially impactful business as ABL, and to assist a valued client in Bay Tree once again to achieve a positive outcome. Tom Cox Debt Advisory

Related team

Tom Cox

Tom Cox

  • Partner
  • Debt Advisory
  • London West End

Umito Choji

Umito Choji

  • Director
  • Debt Advisory
  • London West End

Brad Gayler

Brad Gayler

  • Manager
  • Debt Advisory
  • London West End

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