Wilmslow firm The Bodyline Clinic undergoes seven-figure buyout
Weight management clinic group The Bodyline Clinic has undergone a management buyout.
Sally Ann Turner acquired the majority of the business’ share capital with the support of a seven-figure combined equity and mezzanine loan facility from funding provider MSIF.
Wilmslow-headquartered Bodyline, which offers medically led weight management services, has traded for more than 12 years.
Each of the company’s centres, including sites in Crosby, Birkenhead, Stockport and Warrington, is operated by a professional medical team and overseen by the clinical director, who is also an NHS consultant in public health.
Sally Ann said: “I am really looking forward to this exciting opportunity to expand this already successful business. We’re the best at what we do.
“Bodyline is setting the bar for the medical weight loss clinic industry; our great team of medical professionals, their passion and our high end clinics are continually allowing us to exceed our clients’ expectations.”
She continued: “I have big plans for The Bodyline Clinic. We aim to roll our service out further – expanding our offering with new clinics across England. I have a great team of staff working with me at The Bodyline Clinic, that I am so thankful for, and none of this would be possible without them.”
MSIF investment director Simon Thelwall-Jones commented: “Sally clearly has a great deal of knowledge of The Bodyline Clinic due to her pre-existing involvement in the business.
“She has an excellent relationship with her staff and is heavily involved with the operational side of the business. She has great business acumen and a clear focus of where she will take The Bodyline Clinic now it is fully under her management; I’m really excited to watch the growth of the business and wish her all the success in the future.”
Brian McCann and James Curtis, of advisory firm MC Vanguard, provided Sally Ann and Bodyline with corporate finance advice. Their support included developing an operating financial model to support the MSIF investment.
James Curtis said of the deal: “The Bodyline Clinic, under Sally’s leadership, has substantial growth potential; so we are pleased to see MSIF provide the capital that will allow the company to expand its service lines and footprint over the next five years.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →