KCP invests £3.3m in Hallam Medical

According to KCP, the shortage of senior NHS staff, which is set to worsen over the next five years, will be a key growth driver for the company.

Company
Sheffield-based Hallam supplies the NHS and private healthcare providers in the primary care markets with temporary staff. The company has 400 qualified nurses and community care specialists on its books.

Hallam, founded in 2007, employs 40 people across its headquarters in Sheffield and its recently opened London office. The company has forecast sales of £14m for the year ending April 2014.

People
Scott Davies is CEO of Hallam and Alex Munro is the company's clinical director. The pair also co-founded the business. KPC investment director Mike Fell and director Philip Duquenoy managed the transaction. As part of the deal, Duquenoy has joined Hallam's board as non-executive director.

Advisers
Equity – Armstrong Transaction Services, Tom Raymond (Commercial due diligence); Beavis Morgan, Paul Smith (Financial due diligence); Walker Morris, John Hamer (Legal).
Company – Jonathan Wright Management, Jonathan Wright (Corporate finance); Nabarro, Ben Hendry (Legal).

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• Topics
• UK / Ireland
• Support services
• Expansion
• United Kingdom