Sovereign Capital has backed a £10 million MBO of RehabWorks, a back-to-work rehabilitation business. Debt for the deal was provided by HSBC.
Sovereign Capital has backed a £10 million MBO of RehabWorks, a back-to-work rehabilitation business. Debt for the deal was provided by HSBC.
RehabWorks has 19 rehabilitation centres across the UK together with a national network of associate physiotherapists. Clients include Aviva, Sainsbury’s, BT, Honda and Royal Mail as well as public sector clients, such as emergency services and local authority customers. The company has 72 staff, including 60 full-time physiotherapists.
Sovereign managing partner Ryan Robson says: ‘We are delighted to be extending our experience in outsourced employability services into the field of occupational health and backing a highly regarded business that delivers positive outcomes for its broad client base and their employees.’
