Package worth £26m for disability support company

DISABILITY support company Danshell Group has received a £26m refinance funding package to strengthen and expand its services.

The London headquartered firm has its central support office located in York. It is being supported in its growth strategy with funding from HSBC.

The business, which provides specialist services throughout England and Scotland, expects to grow its year-on-year turnover over the next three years through further acquisition and organic developments.

Mel Ramsey, chief executive of Danshell, said: “The strong relationship with HSBC is important to enable the company to achieve its ambitions. The team remains committed to continuous improvement and I look forward to a positive and exciting future.”

Danshell Healthcare Ltd was advised by Claire Boardman at Deloitte.

Jonathan Rutter, HSBC relationship director for Corporate Banking in North Yorkshire and Humber, said: “This substantial re-finance package gives Danshell a solid long-term foundation on which it can continue to grow and provide specialist care and support for people across its 24 services. We’re focused on helping ambitious businesses like Danshell to realise their growth potential and look forward to seeing further success from the business in the future.”

HSBC was advised by Philip Scott at Pinsent Masons and Emma Glynn at Jones Lang LaSalle.