£7m funding package for Chester mobile healthcare group
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Chester-based mobile healthcare group, EMS, has secured a £7m funding package to support its growth strategy
The funding has been provided by ThinCats.
EMS Group specialises in designing, manufacturing, and managing high-tech mobile medical vehicles.
The business employs 56 staff and works with both public and private healthcare providers to deliver much needed additional capacity in a range of clinical services. including endoscopy, ophthalmology, and decontamination.
The funding will allow further investment in its fleet as the business expands its service into clinical trials after being awarded a large scale trial that will begin in August in conjunction with the NHS and a major UK research institution.
In addition to the healthcare division the marketing side of the business manages a mobile fleet that delivers standout event spaces for brands such as Adidas, Range Rover and Lego.
Audit, tax and consulting firm RSM’s debt advisory team helped EMS secure the funding package.
RSM’s Ashley Suter, Kevin Le and Jack Williams advised EMS Group on the deal.
Ashley Suter, who leads RSM’s debt advisory service in the North West, said: “Today’s investment will support the EMS Group to manufacture more units to help the NHS recover after the COVID-19 pandemic, delivering extra capacity to meet the increased demand whilst providing innovative marketing suites to support brands once the restrictions are lifted.”