Gloucester solicitors advises Spectrum Medical acquisition
The corporate team at Gloucestershire legal firm BPE Solicitors has recently advised Spectrum Medical, a Cheltenham-based provider of medical software and equipment, on the acquisition of 49% of Qura SRL, a technology company located in Mirandola, Italy.
With locations in the UK and USA, Spectrum Medical entered the global healthcare market in 2006. It provides market leading specialist electronic equipment used in operating theatres and hospital wards, helping clinicians and patients in more than 50 countries.
The BPE team, which was led by Senior Partner John Workman, also comprised Iain Garfield, Commercial Partner, and Louise Grzasko, Senior Associate.
John commented: “It was a pleasure to work with Spectrum Medical on this transaction. The acquisition signals a chapter of growth and development for the company, one that we very much hope to be continually involved in. We’re pleased with the smooth and successful outcome of this deal for all involved and look forward to working with Spectrum and Qura in the future.”
Steve Turner, CEO at Spectrum Medical, said: “This investment represents a major commitment to the technologies and expertise within Qura and we’re looking forward to combining our efforts in bringing superior technology to the market. We’re grateful for the support and expertise of the team at BPE – I have worked with John for over 20 years in various ventures and we know each other pretty well by now.”