Cairngorm Capital Case Studies
E-zec Group is the leading specialist healthcare provider of Non-Emergency Patient Transport Services (NEPTS). The Group has four specialist business units covering NEPTS, Special Education Needs (SEN), Medical Courier services and Secure Mental Health transport. E-zec operates in the heart of local communities playing a fundamental role in the NHS and wider healthcare value chain.
Cairngorm Capital initially invested in E-zec in May 2021, backing Craig Smith as CEO to transform the company by hiring 20 new senior management across People, Operations, Fleet and Business Strategy. E-zec mergerd with ERS Medical on 1 February 2023 to establish a group of nearly 3,000 staff, 1,100 vehicles and 45 operating depots across the UK and with revenues greater than £110m.
The group supports the movement of over 2,500 patients a day with the majority being new patients to E-zec services.
The development of specialist SEN, Courier and Mental Health services sees highly skilled E-zec staff provide the highest level of care and support to wider communities. A data rich, technology enabled service offering underpins a patient first, logistics second business proposition.
Cairngorm Capital’s investment, from its third fund Cairngorm Capital Partners III LP, builds on investments under the Ageing in Place thesis and combines specialist sector operational expertise with financial support from Cairngorm Capital.
Revenue > £110m
2,500 patients transported each day
45 operating depots
For more information on the transaction, please see the E-zec Medical investment press release.
You can also download the pdf version of the press release here: Cairngorm Capital Press Release 10.05.2021.pdf
Visit the E-Zec Medical website at e-zec.co.uk