Achieve together acquires 11 assets from United Health
Achieve together, a provider of specialist support for people with learning disabilities, autism and associated complex needs, has acquired two mental health assets and nine learning disability homes in Derbyshire and Lincolnshire from United Health for approximately £17 million.
The 11 assets include Coppice & Oakside house near Ilkestone Community Hospital, Churchview and Larklands in South Derbyshire and Woodview Care Home in Sheffield.
Achieve together delivers support to those with particularly complex needs, including autism spectrum conditions, profound and multiple learning disabilities, deafness, hearing loss and associated health needs. It caters to more than 2,300 people in almost 400 services across England and Wales.
United Health is based in Lincoln and operates care homes for the elderly, and residential children’s services and educational services for children with special educational and mental health needs.
Garry Fitton, chief financial officer at Achieve together said: “We are incredibly excited and proud, to be welcoming United Health’s residential mental health, learning and physical disability services and dedicated teams, to Achieve Together. As we all work together to deliver the best specialist support through the amazing teams, our networks, and our partnerships, including with families, we will remain focussed on collaboration and importantly, co-production.
Philip Pearson, chief executive of United Health, commented: “For over 25 years we have consistently delivered quality services for individuals with profound and complex needs. Handing over this provision brought with it a sense of sadness, but in terms of our organisation’s development was the right time. We were proud to pass over to Achieve together such a highly thought of and well-run portfolio.”
Knight Frank advised on the sale. Joe Munro, surveyor at Knight Frank, said: “The pandemic has highlighted the importance of bespoke and tailored care for those suffering from physical ailments and learning disabilities, and this has resulted in strong continued demand from a range of investors and operators for specialist care platforms which facilitate the provision of high-quality care to individuals with a range of complex needs. This transaction, following other notable examples such as the acquisitions of Consensus and the Priory Group earlier this year, illustrates the positive sentiment toward the specialist healthcare property sector and serves to demonstrate its ongoing appeal despite the challenges posed by the pandemic.”
Date published: November 16, 2021