TRANSACTION SUMMARY

On 30 November 2016, the shareholder restructuring of the Nexus Group was announced. This involved Harry Hyman (the founder and majority shareholder) acquiring minority interests held by certain long-term external shareholders to become the 100% owner.

THE NEXUS GROUP

The Nexus Group is a long-established private firm with significant credentials in building and managing alternative property assets. It is best known as the manager to Primary Health Properties PLC since its inception in 1994 (a ~£0.7bn market cap REIT listed on the LSE), and also manages the Nexus Pine Fund (a specialist investor in operational property let to educational providers). The Nexus Group also has corporate finance and publishing arms.

ROLE

SHP acted as financial adviser to the Nexus Group.