Agilitas Private Equity’s Acquisition Of Frontier Medical Group

Travers Smith advised Kester Capital and other selling shareholders on the deal. Ashurst advised Agilitas Private Equity.

Agilitas Private Equity acquired Frontier Medical Group.

The Frontier Medical Group is a leading medical device manufacturer that focuses on skin and wound care. Founded in 1997 through collaboration with NHS clinicians from the University Hospital of Wales in Cardiff, the group has over 25 years’ experience designing and manufacturing clinically proven, high-quality and cost-effective products that are used in the prevention and treatment of pressure ulcers. Frontier supplies both acute and homecare markets in the UK and internationally.

Kester Capital acquired Frontier Medical Group in 2013 and helped it to grow from a successful focused family-owned business into a leading manufacturer and supplier of healthcare products globally.

The Travers Smith team was led by Private Equity & Financial Sponsors Partner Will Yates (Picture), supported by Senior Associate Tom Hartwright, Associates Alex Watt and Evander Obi and Trainee Katie Bench. Specialist advice was provided by Tax Partner Hannah Manning and Tax Associate Rob Smith, Real Estate Partner Alex Millar and Real Estate Senior Associate Catherine O’Driscoll.

The Ashurst team was led by corporate partners David Carter and Braeden Donnelly, senior associates Francesca Downes, Sara Hamzawi and Shaz Ali and associate Becky Eaton. Partner Nick Pawson and senior associate Sam Tetlow advised on banking aspects. Tax advice was provided by partner Alexander Cox and associate Shayaan Zaraq Bari. Pensions counsel John Gordon, IP counsel Don McCombie and digital economy associate Satya Doraisamy also advised. Real estate advice was provided by senior associates James Nierinck and Julie Connolly and associates Joanna Fox and Charlotte Coyle. Employment advice was provided by partner Crowley Woodford and associate David Pemberton, with incentives advice from senior associate Rebecca Servian.
Involved fees earner: Shaz Ali – Ashurst; Shayaan Zaraq Bari – Ashurst; David Carter – Ashurst; Julie Connolly – Ashurst; Alexander Cox – Ashurst; Charlotte Coyle – Ashurst; Braeden Donnelly – Ashurst; Francesca Downes – Ashurst; Joanna Fox – Ashurst; John Gordon – Ashurst; Sara Hamzawi – Ashurst; Don McCombie – Ashurst; James Nierinck – Ashurst; Nick Pawson – Ashurst; David Pemberton – Ashurst; Rebecca Servian – Ashurst; Sam Tetlow – Ashurst; Crowley Woodford – Ashurst; Tom Hartwright – Travers Smith; Hannah Manning – Travers Smith; Alex Millar – Travers Smith; Catherine O’Driscoll – Travers Smith; Evander Obi – Travers Smith; Rob Smith – Travers Smith; Alex Watt – Travers Smith; William Yates – Travers Smith;

Law Firms: Ashurst; Travers Smith;

Clients: Agilitas; Kester Capital;

Author: Federica Tiefenthaler