MedicX acquisition… a healthy tonic for Octopus

RSM provided accounting transaction support to Octopus Capital on their acquisition of MedicX Holdings Limited.

The client

Octopus is a fast growing UK fund management business with leading positions in several specialist sectors including energy and healthcare. They have been an active investor in the healthcare sector in recent years and have provided over £100m of financing to date with a strong pipeline of opportunities in a growing market.

MedicX Holdings Ltd is the leading healthcare real estate investment manager in the UK. They manage £0.9 billion of funds across the LSE listed MedicX Fund (MXF) and two private closed-ended funds.

The acquisition of MedicX brings Octopus’ funds under management to over £4.7bn and provides Octopus with a significant platform within its healthcare team.

What RSM did

RSM provided accounting transaction support to Octopus Capital on their acquisition of MedicX Holdings Limited.

Testimonial

'RSM's precise and clear accounting advice helped Octopus set the pace in a high-intensity, competitive deal process.'

Rory Baird, Director of Corporate Development, Octopus Investments

Transaction team

David McCulloch, Partner, T: +44 (0)7881 578 682

Gemma Legg, Associate, T: +44 (0)7766 323 139