NRS Healthcare is the leading provider of community equipment, technology enabled care, wheelchair services and clinical services in the UK.
It employs over 900 staff and works for over 40 Local Authorities, CCGs and NHS Trusts. It is also the leading supplier of aids for daily living to the public.
Carving out growth
In 2013, LDC backed the carve-out of NRS Healthcare, from home-shopping group Findel plc. The management team chose LDC to help the company achieve organic growth through business improvement.
After investing in infrastructure and transforming its business model to be a full-service provider, the team increased revenues 46 per cent and employee numbers from 553 to 734 employees in a year.
In 2014, we completed a partial exit from NRS as the business was acquired by H2 Equity Partners. In 2019, Graphite Capital backed a management buyout of the business becoming the lead investor after the management secured further investment from H2 Equity Partners.