Moor Park Capital Reopens Sale & Leaseback Market

Moor Park Capital Partners just announced their advising a consortium of investors toward a £700 million sale and leaseback of 12 Spire Healthcare hospitals. Specialists in corporate finance and real estate transactions, Moor Park is directed by led by Gary Wilder, Shemeel Khan and Jagdeep Kapoor.

Spire Healthcare is the second largest private hospital with 38 hospitals across the UK. The consortium of investors from Malaysia and the US, and of course Moor Park, expressed their long term confidence in Spire. Jagdeep Kapoor (top left), Partner at Moor Park Capital, had this to say about the deal:

“This was a complex transaction that is typical of the type of bespoke investment that Moor Park Capital originates, structures and executes on a non discretionary basis for its pool of investors – long term sale and leaseback transaction let to a single tenant with multiple assets that are mission critical to their business."

Rob Roger, Chief Executive Officer of Spire Healthcare added; “We are pleased to have completed this transaction, the entire proceeds of which will be used to pay down debt and support the continued development of our business." He went on to suggest the completion of such a deal during such trying times is, in fact, a testament in a way to his company's value.

Those interested in more information may contact the respective companies via:

For information about the investor consortium
Redleaf Polhill:
Emma Kane/Henry Columbine
mpc@redleafpolhill.com
+44-(0)20-7566-6700
or
For information from Spire Healthcare
Maitland:
Tom Buchanan
tbuchanan@maitland.co.uk