Inspirit acquires Wilmington Healthcare – being rebranded as HSJ

Inspirit Capital is pleased to confirm the acquisition of Wilmington Healthcare (www.wilmingtonhealthcare.com) from Wilmington plc (LSE: WIL).

Home to the renowned Health Service Journal (HSJ), Wilmington Healthcare is also a leading provider of mission-critical data, information, events and advisory solutions across the NHS, pharmaceuticals, med-tech and life sciences sectors. The group is being rebranded under the recognised HSJ name and will comprise of four divisions: HSJ Market Intelligence, HSJ Advisory, HSJ Events and HSJ.co.uk. Its core strength is helping customers and clients understand and engage with the UK healthcare system.

Inspirit Capital is a London-based investment firm that specialises in acquiring businesses that are no longer core to their parent company’s strategic objectives and require a different ownership structure to achieve their full potential. Inspirit manages capital on behalf of a blue-chip institutional investor base.

“We are delighted to be investing in HSJ” said Will Stamp, Founding Partner at Inspirit Capital. “It is a truly differentiated business given its integrated offering and is well-positioned to capitalise on the ongoing growth in demand for data and information services across the UK healthcare space. The divestment also reinforces Inspirit’s status as a trusted partner for delivering corporate carve-out transactions.”

Inspirit was advised on the transaction by Arrowpoint Advisory (M&A), Eversheds Sutherland (Legal), JacksonBreen (IT), CIL Management Consultants (Commercial) and Howden (Insurance and employee benefits). Wilmington plc was advised by KPMG (M&A) and Osborne Clarke (Legal).

For further information, please contact:

Will Stamp, Partner, Inspirit Capital, wstamp@inspiritcap.com