AKD Partners advises healthcare modular buildings specialist Darwin Group on acquisition by Portakabin

AKD Partners has advised the shareholders of healthcare modular buildings specialist Darwin Group on their sale of the business to Portakabin.

The combined modular knowledge of Portakabin and specialist healthcare expertise of Darwin Group will offer healthcare providers both temporary and permanent building solutions to cover all future clinical and non-clinical requirements.  

Darwin Group is headquartered in Telford, has c. 200 employees, and had a turnover of GBP80 million in 2022.

The AKD Partners Corporate team was led by partner Tim Lake, supported by senior associate Peter McHugh, associates Kirsty Underhill and Clodagh Lodge and trainee solicitor James Watson. The wider AKD Partners team included partner Stephen Bottley (Finance) and associate Neel Govind Lalwani (Finance) and legal director Nick Hinton (Tax).

Tim Lake, Corporate Partner leading the deal said “The team at AKD Partners have supported the shareholders of Darwin Group for over 10 years, including Kartesia’s significant capital investment in February 2022.  This success of the deal was down in no small part to our established relationship with Darwin and our knowledge of its business. We wish them every success as Darwin moves to the next phase of its development as part of the Portakabin Group.”