This week, WestBridge Capital backed the management buyout of Sussex-based A J Mobility, a provider of integrated wheelchair services to the NHS, private healthcare providers, and the community. One of the first companies in the UK to be granted CECPOPS accreditation (the gold standard for quality in assistive technology), AJM provides patients with mobility devices and supports them with clinical assessment, fitting, modification, repair, and maintenance services.
WestBridge will work closely with the senior management team led by Mark Perress, who has been running the business on a day-to-day basis for over seven years, to exploit the significant growth opportunities for the company.
AJM employers over 150 people, from specialised therapists to field service engineers, and supports communities with a total population exceeding 2 million.
Our Corporate team advised WestBridge on its backing of the management buyout.
Tom Kelleher, our Partner, who worked on the deal, said, ‘It’s always good to work on an investment that has been fully and effectively negotiated. That makes our job as lawyers so much easier. The strong relationship that developed between Tim Whittard and the rest of the management team made this a very rewarding process to be involved in’.
Tim Whittard, Investment Director at WestBridge, said, ‘It is great to have been able to make this exciting company my first after joining WestBridge. Tom and the team at Capital have worked with WestBridge since its formation, and their help on this investment, the latest in a long line, was hugely valuable in making the process efficient and effective.’
