Stephen Tainsh Partner
“Pragmatic and knowledgeable associate Stephen Tainsh [is] recommended.”
Stephen is a corporate, commercial and projects lawyer with a particular focus on transactions in the healthcare, infrastructure and energy sectors. He has market leading expertise in the "Med Tech" sector.
Main areas of practice
Stephen advises on a wide range of transactions including acquisitions and disposals of companies and assets, joint ventures and shareholder agreements, commercial contracts including contracts for the sale and supply of goods and services, project finance and asset finance transactions.
Stephen's clients include a number of the leading global Medical Technology companies, one of the world’s leading leasing companies which specialises in providing medical technology management services, London-based NHS Foundation Trusts, infrastructure investment funds and energy providers, including a leading provider of "pay as you go" energy.
Stephen has market-leading expertise in two areas within the healthcare sector. The first relates to failing NHS hospitals where he advised Ernst & Young as the administrator of the Mid Staffordshire NHS Foundation Trust. This was the first time that a NHS Foundation Trust has been dissolved.
The second area relates to managed services transactions on which Stephen advises a number of the leading global Medical Technical companies. These transaction often involve the supply of services relating to equipment, consumables and data analysis and the sale and purchase of receivables.
Stephen is the co-author of the UK section of the Health Care Mergers and Acquisitions Answer Book 2016 Edition edited by Debevoise and Plimpton. He has recently updated the UK section for the 2017 edition to address the potential consequences of Brexit for transactions in the UK healthcare sector.
Stephen has international experience gained from advising on transactions in Mongolia, China and the USA.
- Advised Ernst and Young, in its capacity as Trust Special Administrator, on the dissolution of the Mid Staffordshire NHS Foundation Trust and the transfer of all its assets and liabilities to two other NHS Trusts. The transaction was the first time a distressed NHS Foundation Trust was put into Trust Special Administration and dissolved.
- Advised a leading global Medical Technology company on a number of managed services transactions relating to the supply of endoscopy equipment to NHS Trusts and NHS Foundation Trusts.
- Advised a leading global Medical Technology company on the sale of linear accelerators and related equipment and services to a vendor neutral supplier of managed equipment services.
- Advised a leading global Medical Technology company on the provision of an automated pharmacy service to a NHS Foundation Trust.
- Advised a leading global Medical Technology company on the provision of an integrated theatre solution including construction, equipment, consumables and related services to a NHS Trust.
- Advised a leading global Medical Technology company on the development of its standard Terms and Conditions for the provision of "Software as a Service".
- Advised a leading global Medical Technology company on the development of its standard Terms and Conditions for the sale of medical equipment and related services.
- Advised a leading leasing company which specialises in providing medical technology management services on the development of an innovative funding model and on the purchase of equipment and receivables from a manufacturer of endoscopy equipment.
- Advised the majority shareholders of a major private sector provider of radiology and imaging services on a private equity investment from a leading private equity house.
- Advised a leading NHS Foundation Trust on the acquisition of a power plant from a private sector facilities management company.
- Advised an infrastructure investment fund on several acquisitions of infrastructure assets (shares and sub-debt) including the £50 million acquisition of shares in a portfolio of infrastructure assets.
- Advised a leading energy provider on a range of transactions relating to the funding, installation and maintenance of Smart Meters.
Articles by Stephen
Health and Care M&A experts Stephen Tainsh and Guy Constant have contributed to the Practising Law Institute's 'Health Care Mergers and Acquisitions Answer Book 2016'.
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