Managed Care
UK adult social care is estimated to be valued at £50.3bn. Providers are coming under increasing pressure as the prices paid by local authorities are not representative of the costs of delivery. However, where quality care can be delivered efficiently or there is an acute need then, there is a strong appetite for investors.
There is a strong and increasing move towards “care in the home”, as opposed to care home support.
The balance between the points of delivery and whether they are funded by the state, insurance or privately will be a key factor for the next few years as we seek to meet the country’s health needs against a background of falling income, increasing costs, and reduced service. Organisations which can make the most effective use of technology to help deliver positive outcomes will become very valuable.
Recent Transactions
Acquisition of app-based mental wellbeing support provider to US-based Terryberry
Sale of ProActive Prosthetics to Ability Matters Group, backed by G Square Healthcare Private Equity
Sale of Double First, a leading education Management Information System for private and international schools, to Australia's Education Horizons Group
Advised on debt restructuring of education supplies business, following COVID lockdown, with funding provided by Arbuthnot Latham
Management Buyout of arts and crafts educational supplier, Specialist Crafts (three weeks before lockdown!)
Debt advisory for KIMS Hospital with Clydesdale bank providing senior debt and Magnetar Capital providing mezzanine for new-build hospital
Debt advisory for expansion of Harley Street cancer treatment specialist, The London Clinic, with Barclays Bank Plc
Investment in adult education and skills business by Bridge Ventures
Assisted in MBO of Southampton-based fertility clinic
Business planning, strategy and bidding for healthcare services in East Kent
General advisory in relation to this health and social care provider
Assisted management with its renegotiation of facilities with Santander
Sale to management
Assistance with Dental Medical Plan's development of online practitioner training
Equity raising from Altitude partners for schools travel business