NRS Healthcare is an award-winning, market-leading provider of products designed to support independent living for those with mobility issues.
With 70 years’ experience, NRS’ comprehensive range includes daily living aids, mobility equipment, disability equipment and therapeutic resources.
Carving out growth
In 2013, LDC backed the acquisition of NRS Healthcare, the healthcare division of home-shopping group Findel plc, in a £24m carve-out. The management team chose LDC to help the company achieve organic growth through business improvement.
The team saw immediate results, with revenues increasing 46 per cent in only a year. The business also increased its staff from 553 to 734 employees over the same period.
This was all thanks to the investment in infrastructure and support that LDC offered the management, as the business’ model transformed to be a full-service provider.
Continued support
We completed a partial exit from NRS in 2014, achieving a 2.8x return on investment, after the management secured further investment from H2 Equity Partners.
