mynth
03/2010

CARE UK acquired by BRIDGEPOINT

UNITED KINGDOM Health Providers / Healthcare Facilities / Nursing Homes EV 300M - 700M GBP

Context

Bridgepoint acquired 100% of Care UK plc in a public-to-private transaction, taking the company off the public markets to enable a more aggressive growth strategy. The strategic rationale focuses on three pillars: accelerating organic growth, pursuing selective bolt-on acquisitions, and further developing both the social care and NHS healthcare divisions with the support of Bridgepoint's capital and sector expertise. The existing executive management team was retained in full to lead the next phase of Care UK's development, with no changes to front-line care provision.

CARE UK, which reported an EBITDA margin of in 2009, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Healthcare & Pharma sector (15.3x).

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Target

Care UK is one of the UK's largest residential care home chains, founded in 1982 and operating more than 150 homes for older people across the United Kingdom, employing approximately 10,500 staff. Under Bridgepoint's ownership since 2010, the business more than doubled its estate from 59 homes at entry, and fundamentally transformed its revenue mix by increasing the proportion of higher-margin private-pay residents from 5% to over 50%. Care UK is widely recognised as a market leader in care quality, holding the highest number of Outstanding-rated homes in England as assessed by the Care Quality Commission, and achieving 100% compliance in Scotland and Wales.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2009
2008

Other operations with CARE UK

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
11/2024WELLTOWERCARE UKUNITED KINGDOMNursing Homes

REFERENCES

Valuation range: EV 300M - 700M GBP

Revenue range: 250M - 500M GBP

EBITDA range: 50M - 100M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CARE UK by BRIDGEPOINT are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: bridgepoint