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M&A

NESTOR HEALTHCARE GROUP

Acquired by

SAGA GROUP

UNITED KINGDOM Health Providers EV [100m GBP - 500m GBP] 12/2010

Target

NESTOR HEALTHCARE GROUP

Acquirer

SAGA GROUP

Context

Saga acquired 100% of Nestor Healthcare Group via a public takeover. The acquisition establishes Saga as a nationwide home care provider by combining Nestor's Northern England care network with Saga's existing Southern operations, creating full national coverage. The strategic rationale centres on Saga's ambition to build a major nationally branded home healthcare business for its core over-50s customer base, accelerating its growth strategy in home healthcare services.

Target

Nestor Healthcare Group is a UK-based provider of managed social and primary care services, specialising in domiciliary care (home-based care services). The company operates a broad care network primarily concentrated in the North of England, providing in-home support and personal care services to elderly and vulnerable individuals on behalf of local authorities and NHS commissioners. Nestor had built a strong operational footprint across Northern England, with an established network of care workers delivering a range of services including personal care, companionship, and managed social care.

Ent. Value

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Equity Value

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Multiples Analysis

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
EBIT
2010
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2009
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