Bay Tree backs management buyout of ABL Health Limited

Bay Tree backs management buyout of ABL Health Limited 6 June 2024
Bay Tree Abl Health

Bay Tree Private Equity LLP – Press Release

1 June 2024

Bay Tree Private Equity (‘Bay Tree”) has backed the management buyout of ABL Health Limited (“ABL”), the UK’s leading provider of community driven holistic health and well-being services. ABL works with NHS and local authority commissioners and local communities in areas that are most in need to support individuals to achieve long term positive behavioural change.

Denise Leslie, CEO of ABL Limited, said: “This is an incredibly exciting time for the business. Bay Tree’s investment and expertise will bring additional insight and help us in our mission to reduce health inequalities for the most vulnerable people in our communities and to further enhance our position as the provider of choice both in terms of quality of provision and thought leadership in Public and Mental Health services”.

Bay Tree Partner, Edward Cottrell, adds “We are delighted to be supporting Denise and her high-quality management team.  We have been hugely impressed by ABL’s socially motivated, values-driven business model and look forward to being part of its next period of growth”.

Edward Cottrell and Michael Simmonds will be appointed to the Board.  In addition, ABL has appointed Jerry Benson as Chairperson.  Bay Tree Partner Michael Simmonds adds, “We are delighted to have Jerry on board as Chair, we have been impressed with his track record in running and scaling successful UK healthcare businesses and believe he will make a significant impact to ABL’s future success”

Bay Tree was supported with debt advisory from FRP Corporate Finance and debt from ThinCats.

James Fitzgibbon and Fergus Gallagher at Squire Patton Boggs (UK) LLP provided legal advice to Bay Tree.

The KPMG team consisting of  Anthony Ball, Mark Booth, Matt Donald and Ciaran Jaras provided corporate finance advice for the transaction.


Bay Tree Private Equity LLP (FRN 788586, Partnership No. OC418686) is an appointed representative of Khepri Advisers Limited (FRN 692447), which is authorised and regulated by The Financial Conduct Authority. Khepri Advisers Limited acts as the Principal Firm to Appointed Representatives. Registered address Bay Tree Private Equity LLP, c/o Sanders, 1 Bickenhall Mansion, Bickenhall Street, London, W1U 6BP (please note this is not an office address)