The Fortius Clinic (Fortius) raised debt and equity finance to fund the setting up of a second orthopaedic diagnostic and treatment clinic (ODTC) based in the City of London and an Ambulatory Surgical Centre (ASC). The ASC is to be based in London’s West End, near the current Fortius ODTC in Fitzhardinge Street.
Equity and debt was raised from a group of private individuals as well as several senior orthopaedic consultants who will be joining the existing Fortius team. The fundraising was supported by additional debt obtained from HSBC.
Chief executive of Fortius, Jim McAvoy said: “The funds raised will enable Fortius to continue its mission of establishing itself as the leading musculoskeletal services provider in the UK. Fortius is seeking to establish a brand that will be the partner of choice for those seeking excellence and value for money in the UK musculoskeletal market.”
Assay Corporate Finance advised the Fortius Clinic on the fundraising.