Bastide Le Confort Médical SA (ENXTPA:BLC) signed an agreement to acquire Baywater Healthcare Ltd. from Duke Street LLP and Souter Investments Limited on December 12, 2017. The consideration will be paid in cash with an initial price based on the net value of operating assets and significant additional payments in the event the exclusivity rights are renewed. Post-completion, Baywater will continue to trade under Baywater Healthcare brand and the existing management team will be retained. The transaction is subject to approval of the National Health Service which is expected to make its decision in early 2018. Alex Clarkson of Bamburgh Capital acted as financial advisor and Sean Mitchell of BDO acted as accountant to management team of Baywater Healthcare. James Sheridan of Turner Parkinson LLP acted as legal advisor to management team of Baywater Healthcare. Stuart MacLean and James Woodward of CMS Hasche Sigle acted as legal advisor for Souter Investments Limited. John Pryor, Tim Wright , Edward Coates, Bethany Shingfield and Grace Tolino of DLA Piper acted as legal advisors to Duke Street LLP. Bastide Le Confort Médical SA (ENXTPA:BLC) completed the acquisition of Baywater Healthcare Ltd. from Duke Street LLP and Souter Investments Limited on January 12, 2018. The transaction is approved by National Health Service.