Ashurst advises PureHealth on its acquisition of the Circle Health Group
29 August 2023
29 August 2023
Global law firm Ashurst has advised Pure Health Holding LLC on its acquisition of the Circle Health Group, the largest private healthcare group in the UK.
PureHealth, the largest healthcare platform in the Middle East, has agreed to acquire the Circle Health Group, the UK's largest private healthcare group, in a deal valued at US$1.2 billion.
The acquisition of Circle Health Group will represent PureHealth’s first entry into the UK. This transaction forms part of PureHealth’s global expansion programme, which includes acquisitions previously completed in the USA, as well as entry in other international markets. Circle Health Group offers the UK’s largest national network of private hospitals. It also offers innovative neurological and musculoskeletal rehabilitation services and pathway management services and is the first European healthcare provider to enter the Chinese market. Patients in the UAE and the UK will benefit from PureHealth’s acquisition, both through the diversity of choice in healthcare provision, expanded network of medical professionals and expertise combined with knowledge sharing that will be developed.
The Ashurst team was led by corporate partner Braeden Donnelly and senior associate Dillon Fuzi, and supported by relationship partner Simon Rahimzada, senior associate Liam Stoneley, associates Abby Buchan and Rosie Swanborough and trainees/apprentices Matthew Hall, Coinneach Pellow, Sasha Sawant, Alexandra Riley-Joseph, Melanie Soteriou and Divya Deivanayagam.
The wider cross border team included Shanghai and Hong Kong based corporate partners Michel Sheng and Joshua Cole with support from senior associate Sean Ching and associate Chloe Xiang. Competition advice was led by partner Neil Cunninghame supported by associates Victoria Beswick and Florence Chan. Tax matters were led by partner Simon Swann supported by counsel Mark Spinney and associate Aaron Robertson. Partner Bradley Rice advised on regulatory matters, assisted by senior associates Sophie Skeet and Adam Clenton.
Partner Rhiannon Webster, senior associate Adam Eskdale and associates Tom Brookes and Saif Khan advised on data protection issues, and partner Sunny Kumar and associate Emily McCracken advised on IP matters. Planning, access and environment support was led by partner Eleanor Reeves and assisted by senior associates James Nierinck and Joanna Fox. Partner Henry Moss advised on real estate matters, supported by senior associate Rabinder Sokhi and associate Priya Randhawa. Employment, pensions and incentives advice was provided by counsel John Gordon, senior associates Liz Parkin and Rebecca Servian and associates India Coultas and Leah Fisher. Global loans partner Briony Holcombe and senior associates Theo Palmer and Eilish O'Neill also advised.