Danshell Group aims for UK expansion with £26m funding package

Danshell Group, an independent provider supporting adults with learning disabilities and Autism, is planning to further expand its services in the UK with the backing of a £26m re-finance funding package from HSBC.

HSBC’s re-finance funding package will provide the business with access to affordable and long-term credit to provide Danshell with a platform for continued growth.

Danshell Group, which provides specialist services throughout England and Scotland, is headquartered in London and also operates out of an office in York.

The company expects to grow its year-on-year turnover over the next three years through further acquisition and organic developments of specialist care and support services throughout the UK.

Mel Ramsey, chief executive of Danshell, said: “The strong relationship with HSBC is important to enable the company to achieve its ambitions. The team remains committed to continuous improvement and I look forward to a positive and exciting future.”

Danshell Healthcare Ltd was advised by Claire Boardman at Deloitte LLP.

Jonathan Rutter, HSBC relationship director for corporate banking in North Yorkshire and Humber, added: “This substantial re-finance package gives Danshell a solid long-term foundation on which it can continue to grow and provide specialist care and support for people across its 24 services.

“We’re focused on helping ambitious businesses like Danshell to realise their growth potential and look forward to seeing further success from the business in the future.”

HSBC was advised by Philip Scott at Pinsent Masons and Emma Glynn at Jones Lang LaSalle.

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.