Project Cobalt

Project Cobalt – Christie + Co acted on behalf of Synova Capital LLP in their acquisition of this specialist care business with 14 units in the south east and Midlands. The units provide a range of styles of accommodation and care packages, from supported living through to units for residents with physical disability.This represents Synova’s entry into this market from which they are looking to expand the operation by way of acquisition and organic growth.

Care Tech Holdings

CareTech – Christie + Co provided a valuation of 215 assets for the debt providers to CareTech Holdings Ltd, a specialist care business with assets located from the south east of England to Yorkshire. The properties provide a wide range of care packages from supported living, to children’s care, to psychiatric rehabilitation although the majority of the portfolio comprises long term care of younger adults with learning disabilities.

Sale of Severn House

Christie + Co recently sold the entire share capital of John Munroe Hospital (Welshpool) Ltd, trading as Severn House. This 24-bedroom, Independent Hospital is registered with the Health Inspectorate Wales (HIW) for clients detained under the Mental Health Act. This low secure unit has been sold to rapidly expanding mental health operator, Acorn Care Ltd.

Christie + Co sells Maesteilo Care Homes Ltd to Swanton Care & Community

Christie + Co sold Maesteilo Care Homes Ltd on behalf of Ms J. Dwyer. The business comprises seven care facilities, which provide support for autistic and young adults with learning disabilities, with a total registration of 65. All the facilities are located in and around Carmarthenshire, with the first care unit opening some20 years ago, having been converted from a nursing facility..

HgCapital’s acquisition of Paragon Healthcare

When HgCapital acquired Paragon Healthcare for £322 million, Christie + Co provided a desk top valuation of the business, which comprised 241 specialist care facilities at the time of valuation.

The Priory Group

Christie + Co’s specialist healthcare valuation team was called upon to value The Priory Group’s extensive portfolio. In July 2005, ABN AMRO announced its acquisition of the Priory Group, for a total equity and debt consideration of £875 million. Following this acquisition, Christie + Co was instructed to provide a valuation for use in both the syndication of debt facilities and as part of a securitisation process.

Alpha Hospitals

Alpha Hospitals is a provider of low-secure and medium-secure psychiatric hospitals. Christie + Co initially provided valuation advice to the company's bankers, for acquisition purposes. Subsequently, we have provided updated valuations and feasibility studies for a significant expansion of the Group acrossits three sites.

The Cambridge Private Hospital

Christie + Co was instructed to confidentially market The Cambridge Private Hospital by the proprietors, Dr & Mrs Erian. The modern hospital provides 11 beds specialising in plastic, cosmetic and reconstructive surgery. The business was marketed on a highly confidential basis and, following a competative bidding process, a sale was concluded with a European Hospital Group for an undisclosed sum.

Nuffield Health York

Nursing Home/Medical Services development site. Approximately 1.13 acre site, adjacent Nuffield Health York Hospital. If you wish to discuss further, please contact Jon Patrick on 0113 389 2700 or Guy Bosanko on 0161 833 3311.

More information about Nuffield Park, York (682MB)

A learning disability group comprising 22 beds plus a day centre. For sale freehold, offers in excess of £3.25m.

A specialist care group comprising 35 beds with a turnover of £2.5m. For sale freehold.

The sale of a freehold supported living group with an average fee of £1,000 per person per week. EBITDA £550,000.

A turnkey, purpose-built 80-place nursery in London. For sale freehold - £1.3million.

The sale of a purpose-built, 65-bed care home. Freehold.

A 5-unit quality care home group, predominantly purpose-built and comprising around 300 beds – for sale at offers in excess of £18m.

A purpose-built nursing home in Wales. Registered for 39 and with good occupancy rates. For sale freehold - £1.1m.

The sale of a group of specialist children’s and young people’s homes. EBD with projected fees of £2,000-£4,000 per person per week.