Prism Medical sells UK subsidiary

Clearwater International has advised Toronto-based Prism Medical Ltd on the sale of its UK subsidiary, through a management buyout backed by LDC.

Prism is the market leader in the provision of safe patient handling solutions that enable the mobility disadvantaged to live at home in a safe and dignified manner, improving their quality of life. The business also supplies products to the residential care market and hospital market. Prism manufactures products under a number of market leading brands as well as offering a range of complementary services that include assessment, installation, training, maintenance and after sale customer service - over a network of service centres providing national coverage across the UK.