Moore Kingston Smith advises Compass CHC on its majority growth investment from Omni Partners
Compass CHC, the market leader in securing continuing healthcare funding in the UK, enlisted Moore Kingston Smith Corporate Finance to advise them on their growth investment from the private equity firm Omni Partners LLP.
Compass CHC, founded in 2014, specialises in securing care funding through the NHS continuing healthcare package. They assist individuals in securing NHS continuing healthcare funding when they have a primary health need and the full cost of their care should be paid by the NHS.
Omni Partners LLP is a private equity firm based in London specialising in investing in mission-led, fast-growing companies looking for their first external capital. The businesses they are investing in are typically high-margin, UK-based companies dominating their niche and driven by culture-focused management teams with at least £2 million EBITDA.
Compass CHC will continue operating under its current management, focusing on improving its offerings and exploring growth opportunities.
When Tim Davies, Founder and CEO of Compass CHC, was looking to take on investment to help drive the next phase of growth for the business, he approached Moore Kingston Smith’s corporate finance team due to their private equity expertise and recommendations.
The Moore Kingston Smith team was led by Dan Leaman, Corporate Finance Partner, supported by Matt Edwards, Katharine Stone and Dylan Sweeney. Mark Fielden, Thomas Acland and Sam Talbot from the Moore Kingston Smith M&A tax team provided tax support throughout the transaction ensuring a full commercial and financial integrated approach.
Tim Davies, Compass CHC Founder and CEO, said: “I am delighted to begin our new partnership with Omni Partners. Their expertise and support will help us to continue to grow the business and enhance our ability to ensure that customers receive the care funding they are entitled to. Throughout the transaction process, Moore Kingston Smith was an extension of our team and provided tailored, hands-on support from initial outreach through to completion. Their PE expertise ensured we found the right partner to help take the business forward and they guided us throughout all the complexities of the deal in a way that was easy to understand. I wouldn’t hesitate to recommend Dan, Matt, Mark and Tom to anyone looking to sell their business or take on investment.”
Dan Leaman, Corporate Finance Partner, commented: “It has been a pleasure to work with Tim on this project. The growth of Compass CHC since its inception is testament to the passion with which he has led the business and the persistent focus of his team to help ensure that patients get the care funding they are entitled to. I am confident that Compass CHC will continue to go from strength to strength with the support of Omni Partners and look forward to seeing the continued development of the business.”
Legal advice to the shareholders was provided by CMS Law, led by Partner Jamie Burgess.