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Ethos Partners expands its portfolio thanks to deal acted on by HCR Law

19th June 2024

Image of a robot sorting pharmaceutical drugs

Private investment office Ethos Partners have expanded their portfolio following the acquisition of Bray Group Limited.

The deal, led on by HCR Law’s Head of Corporate in Cheltenham, Tim Ward, along with banking support from Victoria Dingle, ensures Bray Group can enter the next phase of its development, including broadening its international reach.

Bray Group Limited is a long-established manufacturer of medical products. Based in Faringdon, Oxfordshire, they have a reputation for excellence and a skilled workforce.

Scott Bannerman, Investment Director at Ethos, said: “My thanks to Tim, Victoria and the wider HCR Law team, whose assistance throughout has been indispensable. They brought the deal to a close for us and we were impressed by their commercial approach to the legal aspects of transaction. We look forward to working with them again in the near future.”

Tim Ward, Head of Corporate in Cheltenham, said: “This has been a great move for Ethos – expanding their reach in the healthcare market is both a strategic move and one which will benefit themselves and Bray hugely.

“I’m delighted Ethos are backing Bray Group and see a successful future for them – I wish them the best of luck.”

The deal follows hot on the heels of HCR Law’s Corporate team being ranked number one across the UK for merger and acquisition deals in Experian MarketIQ’s review of 2024.

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