July 2007
Hazlewoods LLP advise on the acquisition of a major children's therapy practice and the refinancing of the Eagle House Group.
The Cheltenham based Corporate Finance Team of leading firm of business advisers and chartered accountants, Hazlewoods LLP, led by Partner Norman Webber, has recently advised on the refinancing of Eagle House Group Limited and its acquisition of the London Children's Practice.
The Eagle House Group meets the educational and care needs of students with Autistic Spectrum Disorders (ASD). The Group consists of the following:
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Eagle House School Mitcham Day
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Eagle House School Norfolk Residential
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The Little Group Nursery
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Eagle Life College Post 19-25 College (opens September 2007)
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Kestrel House School Day (opens January 2008)
The London Children's Practice is the largest independent children's therapy provider in the UK and has three practices based in Welbeck Street W1, Hampstead and Wandsworth. Services include:
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Speech and Language Therapy
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Occupational Therapy
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Physiotherapy
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Educational Psychology
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School based Therapy
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Multi Disciplinary Diagnosis and Assessments
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Special Programmes
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Medico-Legal Reports
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Assessment and treatment to international clients
Since acquisition, the practice has added a range of new services and was re launched in July 2007 as The London Childrens Practice to reaffirm the premier position it holds within the UK.
Paul Conrathe, Chief Executive of Eagle House Group, commented "With the support and advice of Hazlewoods, we have now entered a new and exciting phase of our business. It is our vision to become a leading provider of care and education services for children and young adults with autism and we have assembled a highly specialist and innovative team to make this vision a reality. The expansion and development of the London Children's Practice will not only reinforce our position as the largest UK therapy provider but will, for the first time, offer a full and comprehensive range of services in one very specialised practice."
Norman Webber of Hazlewoods Corporate Finance and his team, including Simon Williams, advised on the refinancing of Eagle House Group and provided financial due diligence on the acquisition of Ruth Jacobs.
Rod Thomas of Harrison Clark, assisted by Arpinder Dhillon, provided legal advice to Eagle House Group in the transaction.
Allied Irish Bank provided the financing with their team being led by Richard Hornsey.
For further information on this press release, please contact:
Norman Webber
LLP Corporate Finance Partner
e-mail: nlw@hazlewoods.co.uk