CRG acquires Medacs forensic healthcare division
The company, which is set to achieve a group turnover of £30 million by March 2016, has bought the Salford Quays-based business to complement its specialist sub brand, CRG Medical Services.
The deal is part of an ambitious growth strategy in the forensic medical services market and the company intends to continue its acquisition drive in the next 12 months within the secure health sector. All of the Forensic Healthcare staff, based across the country, have moved over to CRG to ensure continued service delivery.
Ian Munro, CEO of CRG, commented: “The Forensic Healthcare division of Medacs is a recognised provider of services to the forensic and HM Prison medical services sector. We believe that a combination of the core strengths of the two complementary businesses will enable us to provide an enhanced service offering and user experience to current and future clients.”
The acquisition has enabled CRG to open its first established headquarters in the Salford Quays area. On 1 April, all 25 CRG Medical Services business support centre staff moved into new 2,000 sq ft offices in Hamill at The Quays at Clippers Quay, making CRG the largest occupier in the building.
Munro added: “We’re confident that the acquisition will benefit clients in a number of ways. The increased scale of the combined businesses will result in a greater depth of clinical expertise being available, including more specialist doctors, nurses and paramedics. In addition, it will provide us and our clients with access to a broader network, with an extra 15 branches and local offices throughout England and Wales.”
Earlier this year, CRG Medical Services was appointed by Merseyside Police, as part of a £5.8 million, three-year contract. CRG will provide Merseyside Police with a dedicated healthcare service, including Forensic Medical Examiner doctors and nurses. The lucrative framework win follows a six-month tender process, which involved bringing together a specialist team of experts.
Financial due diligence on behalf of CRG was conducted by Rob McCarthy of Dow Schofield Watts Transaction Services, along with Chris King of Hemingways Solicitors Limited.