H2 Buys Majority of NRS Healthcare, LDC Partially Exits
December 11, 2014
H2 Equity Partners has backed NRS Healthcare, providing LDC with a partial exit and a 2.8x return on money invested; Yorkshire Bank supplied debt facilities. An outsourced provider of specialist community healthcare equipment and services, NRS helps people with mobility issues be self-sufficient within the home. During LDC's investment period, which began in spring of last year, revenues at NRS have increased 46% from £90 million in 2013 to a forecast £132 million in the current financial year.