Stephen Tainsh Partner

Photograph of Stephen Tainsh

Contact Details

“Pragmatic and knowledgeable associate Stephen Tainsh [is] recommended.”

The Legal 500 UK 2012
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.

Significant experience 

  • 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.

Expertise

Articles by Stephen

Blake Morgan experts contribute to key healthcare M&A publication

News

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'.

Related Knowledge & Resources

Online platforms and regulation - too successful for their own good? Why the EU's proposed regulation of platforms will apply in the UK regardless of Brexit

Our expert Simon Stokes looks at why the EU's proposed regulation of platforms will apply in the UK regardless of Brexit

Court makes declarations in favour of MEAT tenderer but refuses to grant injunction to compel contracting authority to award it the contract

On 21 December 2017, the Technology and Construction Court handed down judgment in the case of MLS (Overseas) Limited ("MLS") v Secretary of State for Defence ("the MoD") .

Sleep-in shifts and the national minimum wage

Whether or not to pay staff in relation to sleep-in shifts is not always straightforward and establishing whether someone is working or not is crucial. Rebecca Ireland and Madeleine Mould explains the law around this complex area.

Commercial Agency Law – a guide for advisors outside the UK – Beware the differences in the UK

This is a summary for legal advisors outside the UK of commercial agency law in the UK. The effect of the Commercial Agents (Council Directive) Regulations 1993 ("the Regulations") in the UK can be quite different from countries in the EU.

Commercial Law Briefing: Getting the Boilerplate Right

Commercial Law Briefing: Getting the Boilerplate Right - An A to Z of Commercial Contract "Boilerplate" clauses and some lessons from recent cases.