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Announced

Completed

Spire Healthcare completed the acquisition of a 87% stake in Claremont Private Hospital from Aspen Healthcare for £15.7m.

Financials

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Transaction Value£15m
Consideration TypeCash
Capital Owned-
Capital Bid For87%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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United Kingdom

private hospital

Health Care Facilities

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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Spire Healthcare, a provider of private healthcare, completed the acquisition of a 87% stake in Claremont Private Hospital, a private hospital in Sheffield, from Aspen Healthcare, a provider of home health and hospice services, for £15.7m. “Claremont Private Hospital provides the company with a high quality hospital in South Yorkshire, an area with a large population where Spire Healthcare currently has no presence, and where the group anticipates strong demand for self-pay procedures. Spire Healthcare will continue a proactive review of the hospital portfolio, seeking to fill white space in the network through bolt-on acquisitions and management contracts when opportunities arise,” Spire.

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