Inspiration Healthcare Group PLC (LON:IHC), has received the award for AIM Transaction of the Year for its June acquisition of SLE Limited.

SLE, which is a leader in the design and manufacture of ventilators and equipment for neonatal intensive care, cost £18mln funded through a placing and open offer.

Neil Campbell, Inspiration’s chief executive said: “We are delighted to have won AIM Transaction of the Year 2020.  We knew that there was a strong commercial and strategic fit with the acquisition of SLE, bringing two British leaders together to improve the outcomes of premature and sick babies around the world and this award recognises those thoughts. 

 “Doing such a transformational transaction, effectively doubling the size of the company, during lockdown whilst maintaining supply of critical care medical products around the world shows what can be done.”

The AIM awards 2020 are sponsored by auditor BDO in association with the London Stock Exchange.