Arrowpoint Advisory's Business Services team is pleased to announce the sale of Maxxima Limited to Independent Clinical Services (ICS) for an undisclosed amount. Arrowpoint Advisory advised the shareholders of Maxxima on the sale.
Since its formation in 2001, Maxxima has become firmly established as one of the UK's leading Recruitment Consultancies supplying high calibre, professional staff to the Health and Social Care sectors.
Through its well-known brands Labmed, Swim and IML, the company specialises in the placement of allied health professionals, health science services and social workers. It is a valued supplier of staff and managed staffing services to a wide range of customers across the health, social work and housing sectors. Maxxima has achieved excellent growth over the last few years and ICS will invest in Maxxima to help the company to continue and grow and develop new services to offer its customers.
Commenting on the acquisition Richard MacMillan, CEO of ICS, said: “There is a growing demand placed on healthcare and social care services in the UK which means it is critical that the right skills are in the right places. ICS is there to help healthcare service providers find the staff they need to deliver high-quality patient care. We are delighted to announce this new acquisition which brings together complementary strengths and expertise enabling ICS to provide an even wider range of services to its customers and making it the largest provider of allied health professionals and health science services staff to the UK health and social work sector.”
Since forming Maxxima in 2001, we have developed a strong business serving the AHP, HSS and social work sectors and look forward to continuing our growth alongside ICS, who we viewed as the perfect acquirer of our business. Working with the Arrowpoint Advisory team, we were able to structure a deal that works for each party and which went through as originally agreed,” said Graham Gough, Founder.
“We have known Graham and Martin for a number of years and have been extremely impressed with how they have built a fast-growing, robust recruitment provider with a great reputation with clients and contractors alike. The deal with ICS is the right one for Maxxima bringing together two of the leading brands in the sector.” Added Jeremy Furniss, Managing Director at Arrowpoint Advisory.