.
MergerLinks Header Logo

New Deal


Announced

Completed

Civitas Social Housing completed the acquisition of 15 supported living and care facilities in South Wales for £11m.

Financials

Edit Data
Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United Kingdom

Single Bidder

Acquisition

Real Estate

care homes

Domestic

Private

Health Care Facilities

Majority

Friendly

supported living services

Completed

Synopsis

Edit

Civitas Social Housing, a care-based housing and healthcare REIT, completed the acquisition of 15 supported living and care facilities in South Wales for £11m. "We are delighted to complete this acquisition using proceeds from our new debt facility and leveraging our unique relationships within the sector to secure the purchase of these state-of-the-art care facilities. These have been adapted on a bespoke basis to enable individual vulnerable adults to live in a safe and secure home whilst remaining part of their community. The acquisition will extend the Company's geographic diversity whilst meeting the ongoing key strategic objective of delivering sustainable returns to shareholders and providing measurable social impact to society," Paul Bridge, Civitas Investment Management CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US