Acquisitive Lancashire group completes latest deals for two more businesses
Buy-and-hold investor, Chorley-based handl Group, has completed the acquisition of two new brands to its growing health and wellbeing division, for an undisclosed sum.
The handl group is an insurance, legal and healthcare services provider.
Paediatric Specialist Physiotherapy (PSP) and Osiris Health will be joining handl Group to strengthen the company’s neuro rehabilitation capabilities.
Having already acquired Reach and launched Mind Right, handl Group had already made big strides into the neuro rehabilitation market. When the opportunity arose to help PSP and Osiris Health scale up as part of the group’s portfolio and meet their growing demands for specialist rehabilitation, it was a simple decision to make, it said.
Daniel Franklin, handl Chief Strategy Officer (CSO), said: “Handl Group’s success is built on growing the companies we invest in, and finding ways for them to build expanded service propositions.
“That’s exactly what PSP and Osiris Health needed, and it gives us the opportunity to link in other brands such as Reach and Mind Right to offer a multi-disciplinary approach to neuro rehabilitation.”
PSP’s Peter Sanderson remain with the business as Clinical Services Director.
He will be drawing on his specialisms in anatomy, chemo denervation and medicines optimisation and his experience as a national, European and international advisor on Spasticity management to help drive handl’s health and wellbeing division forwards. It’s an opportunity the honorary senior lecturer in neuro rehabilitation at UCLan is keen to take.
He said: “I’d been exploring the opportunity to make PSP and Osiris Health a part of the handl Group for some time, and I’d built a great working relationship with Dan and the team.
“As Clinical Services Director, I’ll be able to continue the work we’ve started, keep the health and wellbeing division’s vision aligned, and ensure that more patients than ever before have access to industry-leading clinical interventions and treatment.”
To grow its health and wellbeing division even further in the coming months, handl Group is exploring other acquisition opportunities in the sector, with a focus on finding companies that can work alongside their existing brands – including PSP and Osiris Health – to deliver better services and better rehabilitation outcomes.
Excello Law’s Heather Summers advised handl Group during the latest acquisition, while PSP and Osiris Health were supported by CG Professional’s Benjamin Dredge to finalise a deal.
