Healthcare Communications sold to IMImobile PLC for £15m
The Team: Mark Mills, Mike Cunningham, Rebecca Cunningham, Grant Thornton.
Mark started work with Healthcare Communications (HC) in 2015. Mike and Rebecca (owners) wanted to attract new investment into the business whilst guaranteeing its future and giving them some financial security. We worked through our 40 step process to prepare the business properly, as we have for 10 previous clients over the last decade. We selected a trade sale as the best route for HC and the owners. In 2017 HC reported a turnover of £3.6m and PBT of £400k. The result is clear: a significant premium now (22x PBT), £9m cash out offering financial security and the potential for £6m more based on performance. That’s what appointing Mark Mills does and that’s what we can do for you should you wish to exit. Give Mike Hill a call on 07921 315387 or mail: email@example.com
Mini-Cam sold to Halma plc. for £85m.
The Team: Mark Mills, Nigel Wilson, Chris Wright (LDC), Jonathan Bell (LDC), Frank Shephard (DWF) and David Weavers (Clearwater)
LDC is part of Lloyds Banking Group.
Mark Mills started work with Mini-Cam in 2013 and immediately worked on resolving two key strategic issues and lifting the burden of the exit process from owner Nigel Wilson. Under Mark’s Chairmanship additional funding was secured from LDC in July 2015. The company then grew with the opening of a new R&D facility (InPipe) located close to the German border in the beautiful village of Riezlern in Austria and further expansion overseas into new markets.
In the August 2017 issue of Insider Magazine Mark Mills explains how an IPO worked for Velocity Composites:
Manchester Evening News: Mark Mills returns to the City with Velocity:
London Stock Exchange: May IPO: Mark Mills with the team start trading.
In the October 2016 issue of Insider Magazine Mini Cam Managing Director, Nigel Wilson, explains how his business has had a record year and the role of Mark Mills in that success:
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