Cairngorm Capital Partners LLP’s Acquisition Of E-zec Medical Transport Services

In UK Gowling WLG, advised on the matter.

Gowling WLG advised Cairngorm Capital with a team including Zoe Fatchen (Tax M&A and Deal Advisory), Ian Piggin (Picture – Corporate M&A).

Cairngorm Capital Partners LLP acquired E-zec Medical Transport Services (E-zec), England’s largest independent provider of Non-Emergency Patient Transport Services (NEPTS).

Established in 1998, E-zec provides a range of services to Clinical Commissioning Groups (CCGs). With a fleet of over 550 vehicles, the company operates patient transport to and from healthcare settings, including specialist high dependency crews and ambulances for critical inter-hospital transfers. E-zec is also a leader in bariatric provision, offering a UK-wide bariatric ambulance service, supporting both emergency services and planned hospital visits. E-zec employs 1,500 specialist staff across 31 depots and in 2020 achieved revenues of £50 million.

Cairngorm Capital’s investment will allow E-zec to strengthen its data analytic capabilities and use the insights to deliver enhanced performance and innovation to commissioners and patients.

Gowling WLG’s team advising on the deal was led by corporate M&A / private equity partner Ian Piggin (Picture), supported by Dhruv Chhatralia, Ben Parker (both corporate), Zoe Fatchen and Elizabeth Emerson (both tax).

Cairngorm Capital was also advised on this transaction by PwC (financial and tax), CIL Consultants (commercial), Willis (insurance), Equator (IT) and WA Communications.


Involved fees earner: Dhruv Chhatralia – Gowling WLG; Zoe Fatchen – Gowling WLG; Ben Parker – Gowling WLG; Ian Piggin – Gowling WLG;

Law Firms: Gowling WLG;

Clients: Cairngorm Capital;