Vanguard… a cut above the rest

RSM successfully completed vendor due diligence for the £16.5m bank refinancing for Vanguard Healthcare Solutions Limited.

The client

Established in 1999, Vanguard Healthcare Solutions provides additional capacity through mobile surgical facilities to the NHS and private healthcare providers in the UK and abroad. To date almost 200,000 procedures have been performed in Vanguard’s mobile units. The business now boasts 40 mobile units, making it the single largest fleet of mobile surgical facilities in the world.

What RSM did

RSM supported Vanguard by providing vendor due diligence for the bank refinancing through AIB. The refinancing will significantly reduce the company’s cost of capital, decrease annual debt service by almost £2m and release fresh capital for investment in new units and services.

Testimonial

'RSM provided an invaluable service throughout this transaction. I was impressed with their knowledge and their expertise ensured that we completed on time. They were always professional and approachable and I would be happy to work with RSM again in the future.'

Mark Spoors, Financial Director, Vanguard Healthcare Solutions

Transaction team

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

Jerry Hibbs, Director, T: +44 (0)7775 681 736

Andrew Choy, Executive, T: +44 (0)7800 617 305