Strategic and private equity buyers continue to have strong interest in UK healthcare assets through the first half of the year, despite ongoing global geopolitical volatility.
Market reportsCategory: M&A
Westbury, Wiltshire-based Candlelight Homecare Services has acquired Kestrel Homecare, a domiciliary care provider based in Heathfield, Sussex
M&AReproductive medicine group IVI RMA Global has acquired ART Fertility Clinics, which runs 13 clinics across the UAE and India, in a deal valued between $400-450 million.
M&ASpire Healthcare has acquired Physiolistic, a physiotherapy business operating three clinics, in Henley, Reading and Windsor, for an initial consideration of £5.2 million.
M&AKnights Pharmacy is acquiring 24 pharmacy stores from Avicenna Retail after securing an eight-figure funding package from HSBC UK.
PharmaciesKester Capital announced that its portfolio company, Evestia Clinical has acquired Atlantic Research Group, a clinical research organisation, based in Charlottesville, Virginia.
M&ASullivan Street Partners’ portfolio company UK Addiction Treatment Group has the acquired 44-bed rehabilitation centre The Providence Projects.
M&AThe Octopus Healthcare Fund has acquired the new Manor Park care home in Old Malton, North Yorkshire, which is scheduled to welcome its first residents by October.
Real estateCygnet Health Care has purchased the closed Churchfield Care Centre in Rainworth, Nottinghamshire.
Real estateFranklin Real Asset Advisors has purchased 32 care homes from LDC Care Homes, a real estate property portfolio advised by Elevation Advisors.
M&AThe Assura saga continues as its board, alongside PHP’s board, has announced the terms of a recommended combination of the two companies.
M&ABupa has agreed terms to acquire New Victoria Hospital, a private hospital in Kingston Upon Thames.
M&ACarsleton Dental, an established four chair private practice in Surrey, has sold to Dr Lara Kriek and Dr Caoimhe Doherty.
M&AThe Bank Dental Practice, a five-surgery occupying a former bank building in Greater Manchester, has sold to a northwest dental group.
M&AAssura has confirmed that the boards of Sana Bidco and Assura have reached agreement on the terms of a recommended best and final cash offer.
M&AThe Employees Provident Fund (EPF) is preparing to sell a portfolio of 12 UK private hospitals valued at around £1.4 billion.
M&AOmega has released a statement following its acquisition of Four Seasons’ remaining care homes.
M&AUS investor CareTrust REIT has officially announced its acquisition of Care REIT, marking its entrance into the UK market.
M&AFranco-Italian multinational eyeware company EssilorLuxottica is acquiring Optegra, an ophthalmology platform operating in five European markets.
M&AAssura has adjourned a shareholder meeting scheduled for 5 June, which was set up to discuss the Sana Bidco offer for the firm, following a firm offer from PHP.
M&AAs reported exclusively by HealthInvestor last week, ADHD 360’s owners have exited the asset.
M&ACygnet Health Care has acquired a former nursing home in Hyde, Greater Manchester.
Social careLondon-based healthtech company Huma Therapeutics has acquired Aluna, also known as Knox Medical Diagnostics.
M&AThe board of Assura has said it is reviewing a firm takeover offer from PHP.
M&AElloughton Pharmacy in Hull, east Yorkshire, has been acquired by local operator Sie Yew Ting.
M&AUS-based real estate PE firm Madison International Realty has taken a 24.5% stake in Puma Property Finance Limited.
M&ADowning-backed specialist care provider Mysa Care has acquired Safe Haven, as it continues its growth journey.
M&AThe chair of Assura has sent shareholders the full terms and conditions of the recommended cash offer by Sana Bidco, a company owned by KKR and Stonepeak.
M&AThe acquisition of Care REIT by US-based CareTrust REIT looks to be complete.
M&AFremman Capital has acquired a majority stake in Amethyst Healthcare Group.
M&AOptimo Care Group has acquired Spectra Care, taking on a portfolio of supported living units across Ilford and Chigford.
M&AGood Day Care Homes has acquired the Heights Care Home, which closed in November 2022.
M&ADementia specialist Church Farm Care has acquired Wren Hall Nursing Home, strengthening its presence in the region.
M&ASocial care charity We Change Lives (WCL) has acquired East Midlands-based residential care business PSA Care Services and its subsidiaries.
M&ASt Bernard’s residential home in Solihull has sold to an undisclosed multi-care home operator.
M&AA new mental health hospital will open in Rhyl this month with the support of an eight-figure funding package from HSBC UK.
M&ABraid Hills, a former nursing home for 119 residents, will be re-opened in the next few years following its acquisition by Crown Care Group.
M&ABIRA Group Limited, which has a portfolio of seven homes in South Wales, has acquired Filed Farm House Residential Home in Hampton Bishop.
M&ADowning has acquired Inspire Neurocare and Hamberely Neurocare, its first acquisitions in the neuro-rehabilitation sector.
M&AAssura and Sana Bidco Limited (a company wholly owned by funds advised by KKR, Stonepeak, and affiliates) have reached an agreement on the terms of a recommended cash offer.
M&ALDC-backed RDi, which provides data-driven, automated self-sampling and testing kits for healthcare, has acquired Inicio Health – a platform for healthcare interoperability, automation, and AI.
M&ASpecialist support service Achieve Together has acquired 18 adult residential homes from Outcomes First Group.
M&AThe board of Assura has received a revised indicative proposal from Primary Health Properties (PHP). If an offer is made and accepted, the merged group would be the eight largest UK listed REIT.
M&AEwan Bramley Dental Care in North Shields, Tyne and Wear, has sold to two associates at the practice.
M&AHealthInvestor understands supported living firm Consensus is up for sale.
M&ARegional care home group Holmwood House Holdings has acquired Norwood House, a 59-bedroom specialist dementia care home in Saxmundham, Suffolk,
M&AHealthInvestor understands that supported living firm Lifeways is in a process led by Rothschild & Co.
M&AWelltower looks to be close to buying north-west based care home group Athena Healthcare Group.
M&ABankhouse Nursing Home, a nursing care facility local to Blaenau Gwent in South Wales has sold to the manager of Oxford Care Homes and BIRA Care Homes.
M&AThe Takeover Panel has extended the deadline by which KKR and Stonepeak must make a firm bid for Assura PLC.
M&AYorkshire-based care home company Strong Life Care has acquired Cooper House in Bradford for a seven-figure sum.
M&ASME Sussex Community Dermatology was acquired by Tower 18 at the end of last month.
M&ANorthern Irish pharmacy chain Gordons Chemists has exited the Scottish market, selling its nine Scottish pharmacies to M&D Green Dispensing Chemists.
M&ABroxburn Dental Practice has been sold to first-time buyers (and sisters) Maria Guillermina Landivar Taborga and Vivian Carolina Landivar Taborga. Christie & Co served as advisors on the deal.
M&ANorth west-based care home group Athena Healthcare Group is up for sale, according to sources.
M&AMental health company Cygnet has acquired Newton House, a mental health service in Blackpool.
M&AEleanor Healthcare Group has acquired the Close Care Home.
M&AThe board of healthcare property firm Assura plc has received an indicative non-binding proposal from a consortium featuring KKR and Stonepeak Partners for a £1.6bn takeover bid.
M&ASouth African hospital giant Mediclinic is reportedly looking to divest from Spire.
M&AHealthInvestor understands a deal for UK cancer care business Genesis Care is in the documentation stage. The group denies it.
M&ASources suggest Community Health and Eyecare will be sold later this year.
M&AInternational radiotherapy and cancer care group Amethyst is believed to be up for sale.
M&AHealthInvestor understands that a bidding process for MyDentist has begun.
M&AThree pharmacies, located in north Yorkshire, west Yorkshire and Lancashire, have been sold to independent buyers.
M&AScottish care home group Meallmore is reportedly preparing for an exit with an advisor ready to take the firm to market.
M&AEverest Pharmacy has acquired five pharmacies located across Bolton and Accrington from Sykes Chemist Group..
M&ASeveral expert sources have suggested a regional Scotland-based care home group is up for sale. The group has denied it.
M&AAssura plc, which invests in and manages healthcare buildings across the UK, has rejected a potential cash bid from KKR.
M&AApposite Capital-backed Kelso Pharma has acquired Milton Keynes-based pharma business, Alturix Holdings.
M&AKara Healthcare has acquired six care homes in the Northeast from administrators and lender ThinCats, alongside another from family-run operator Peterborough Care.
M&ALuxury care home provider North Bay has sold a portfolio of six homes across the north of England for £100m.
M&ACority Software has acquired Medical Management Systems, trading as Meddbase, which was the first cloud-native clinical software solution designed for healthcare providers in the UK.
TechnologyPan-European PE firm Astborg has signed a definitive agreement to acquire FUJIFILM Irvine Scientific Medical Media Business, furthering its growth in the assisted reproductive technology market.
M&ASpecialist support service Consensus has acquired residential care and support provider Creative Care.
M&AMedimatch’s MBO has been supported by Queen’s Park Equity (QPE). The digitalised dental laboratories group MediMatch will use this as a springboard for consolidation.
M&AThe health and social care sector shows signs of recovery, but health and social care experts are unsure how this will play out in the M&A market.
M&AAlliance Pharma has announced it has reached agreement over the £349.7m takeover offer from asset manager DBAY Advisors and Edmond de Rothschild’s Eres IV fund.
M&ASwanton Care and Community has acquired Alina Disability Support which provides care and support for children and adults with learning disabilities.
M&AElevation Healthcare Properties has acquired land and agreed forward-funding to support the development of three new purpose-built care homes.
Real estatePE firm Lonsdale has launched two build-and-buy platforms in homecare and dentistry. HealthInvestor speaks to an advisor on the homecare deal to find out more.
M&AStrong Life Care has purchased two purpose-built care homes: The Beeches in Armthorpe, South Yorkshire and Tenlands in Ferryhill, County Durham.
M&APrivate equity firm Kester Capital has acquired Hitchin, Hertfordshire-based EMAS Pharma, the clinical development division of Bionical Emas.
M&AMore details have emerged about the upcoming Optegra deal. The process is expected to conclude within two months.
M&ANarayana Health has reportedly denied rumours it is planning to buy UK hospital group Spire. Were a sale to happen, HealthInvestor understands the group’s ownership structure could make it complicated.
Market analysisRedmoor Health has acquired The Well Led Practice, a leadership and team self-development platform for practices and primary care networks.
M&AHealthInvestor understands ophthalmic success story Optegra is up for sale, with an advisor appointed to take the firm to market next year.
M&AElectiva Healthcare has acquired Clinica Medica, which provides private GP services, day case surgery, medical-grade aesthetic treatments and pharmacy services.
M&ABupa Health Services has acquired The Dermatology Partnership, seven dermatology clinics.
M&ALondon-based Duke Street, a European mid-market investor, has acquired ForLife Group, an ostomy care products company operating in Germany and the UK.
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