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01/2022

VOYAGE CARE acquired by WREN HOUSE

UNITED KINGDOM Health Providers / Healthcare Facilities / Nursing Homes EV 500M - 1.5b EUR

Context

Partners Group and Duke Street agreed to sell 100% of Voyage Care to Wren House Infrastructure Management, following approximately seven years of joint ownership since the 2014 acquisition alongside management. Key value creation initiatives delivered during the holding period include strategic management hires, continued investment in care quality, further development of specialist care disciplines, and capacity expansion through organic development and selective bolt-on acquisitions.

VOYAGE CARE, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (15.3x).

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Target

Voyage Care is a leading UK provider of specialist care and support services, founded in 1988 and headquartered in Lichfield. The company provides highly specialised care to people with learning and physical difficulties, brain injuries, autism, and other complex needs across the United Kingdom. A large majority of those supported by Voyage Care require high levels of care and support throughout their lives, making the company a critical long-term provider of essential social care services.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2022
2021

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REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VOYAGE CARE by WREN HOUSE 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: wren house