Add-on Acquisition • Healthcare Services

Caretech Acquires Cambian Group

On October 18, 2018, Caretech acquired healthcare services company Cambian Group for 372M GBP

Acquisition Context
  • This is Caretech’s 1st transaction in the Healthcare Services sector.
  • This is Caretech’s largest (disclosed) transaction.
  • This is Caretech’s 2nd transaction in the United Kingdom.

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M&A Deal Summary

Date October 18, 2018
Target Cambian Group
Sector Healthcare Services
Buyer(s) Caretech
Deal Type Add-on Acquisition
Deal Value 372M GBP

Target Company

Cambian Group

London, United Kingdom
Cambian Group is a provider of specialist residential care, rehabilitation and education services for children and adults with complex needs resulting from mental illness or autistic spectrum disorders. Cambian was formed in 2003 and is based in London.
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Buyer Overview 1

Buyer

Caretech

Potters Bar, United Kingdom

Category Company
Founded 1993
Sector Healthcare Services
DESCRIPTION

Caretech is a private provider of specialized social care and educational services for both adults and children. The business offers full care support for users as well as sophisticated care pathways for young people leaving care and for adults who are making the move into their own home after a time in residential or institutional care. Caretech was formed in 1993 and is headquartered in Potters Bar, England.


Deal Context for Buyer #
Overall 2 of 2
Sector: Healthcare Services 1 of 1
Type: Add-on Acquisition 2 of 2
Country: United Kingdom 2 of 2
Year: 2018 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-01 Park Foster Care

Nantwich, United Kingdom

Park Foster Care Ltd. is an independent fostering agency specialising in nurturing placements for children who cannot live with their families.

Buy -