- Quinn Advises BoSIF on Verna Group Investment
Quinn Advises BoSIF on Verna Group Investment
The Quinn Partnership, the UK’s only management due diligence specialist focussing on private equity have advised Bank of Scotland Corporate on their investment in Verna Group, a leading provider of healthcare and mobility products.
Headquartered in Bolton, Verna Group develops and supplies innovative medical products including bed pans, wash bowls and infection control items for use in hospitals, care homes and the community. Bank of Scotland will become a minority shareholder and working alongside Karen Haslam, Chief Executive and the management team plan to expand the portfolio of products and grow the international sales in Australia, USA, South Africa , Europe and other, as yet unidentified, areas.
Paul Quinn, Director at The Quinn Partnership, led the management due diligence and commented on the team, “Verna Group have a thriving UK operation and the next phase of growth will see the international market targeted, Karen Haslam and her management team have the necessary skills and drive to make this a very successful venture.”