1. Home
  2. News, Deals & Insights
  3. Deal Announcements

DC Advisory advises iCON Infrastructure on a financing package for Alliance UK

Background

  • In January 2024, iCON Infrastructure (iCON) acquired Alliance Medical Group (AMG) from Life Healthcare Group Holdings Limited
  • Alliance UK is a leading independent provider of imaging and Radiopharma services across the UK and Northern Europe
  • Due to the different business models, funding requirements and functional currencies within AMG, iCON elected to raise three separate financings for AMG's UK (Alliance UK), Irish (Alliance Ireland) and Italian (Alliance Italy) operations

Process

  • DC Advisory was appointed as exclusive financial adviser by repeat client iCON for the debt financing of Alliance UK
  • DC Advisory leveraged its extensive knowledge of the Healthcare Infrastructure sector to run a comprehensive financing process

Outcome

  • DC Advisory delivered a successful outcome for iCON, arranging a club deal of bank and institutional lenders
  • The highly attractive senior debt package was executed on competitive terms, the key highlights of which include:
    • Successfully positioned as an infrastructure asset
    • Raising a capex facility to support Alliance UK’s growth ambitions
    • Negotiating a highly tailored documentation package providing flexibility to support future growth
  • The transaction closed in March 2024
  • The transaction further demonstrates DC Advisory’s expertise in the Healthcare Infrastructure sector, and strengthens the firm’s experience in advising on complex transactions

What to read next

Date
Sectors
  • Infrastructure
Deal locations
United Kingdom
Deal team
Co-Head of DC Advisory’s Global Infrastructure Group
Director
UN SDG Activity
  • GOAL 3: Good Health and Well-being
Actions
Back to News, Deals & Insights

Disclaimer

For more information, please see our transaction disclaimer

For important information regarding testimonials, please see our disclaimer.

Contact form

Thank you!

Your message has been received by DC Advisory so you'll hear back from us soon.

We collect your personal data if you sign up to receive news or get in touch with us. This is collected by third-party firms on our behalf. We have three separate lists:

  1. DealCloud - which we use as our CRM. DealCloud privacy statement is available here: https://www.intapp.com/privacy/
  2. SalesForce - which we use as our CRM. SalesForce privacy statement is available here: https://www.salesforce.com/uk/company/privacy/
  3. Spotler - which we use to send email marketing campaigns. Spotler privacy statement is available here: https://spotler.co.uk/privacy-policy/

Application form

Application documents*
(Maximum file size of 10 MB. File types accepted: pdf or doc)
* Compulsory fields

Thank you!

Your message has been received by DC Advisory so you'll hear back from us soon.

Back to top