Deal Announcement

PriestleySoundy advised the Senior Management Team of Care UK Health Care in connection with their incentive arrangements.

Care UK Health Care is England’s largest independent provider of NHS services, delivering more than 70 different healthcare services throughout the UK.  Founded in 1982, Care UK’s healthcare services include treatment centres, GP practices, NHS walk-in centres, GP out-of-hours, prison health services, clinical assessment and diagnostics facilities.

In March 2010, it was announced that Care UK had agreed to be acquired by Bridgepoint in a public-to-private deal that valued the business at £414 million.  Bridgepoint was attracted by the business’ diversified and robust growth platform and delivery of services of the highest standard.

Bridgepoint is a major international private equity group focused on investing in market-leading businesses, working with management teams to create and realise value within its portfolio companies. Established over 25 years ago and with a network of offices in Europe, the US and a portfolio office in Shanghai, Bridgepoint has committed EUR 29.2 billion of funds to date from a world class investor base.

Bridgepoint were advised by Travers Smith.

October 2019