Bridgepoint Announces Sale Of Care UK

Bridgepoint has announced that it had sold Care UK, a provider of residential care for older people to the public and private sectors. On the back of the transaction, Care UK’s homes will be run by an operating company that has been acquired by company management.

Care UK operates 163 care homes across the UK, having more than doubled its estate under Bridgepoint ownership from 59 at entry.

Acquired by Bridgepoint in 2010, the business was formerly part of a broader platform that also included a Healthcare division (rebranded as Practice Plus Group, subsequently divested in 2019 and still owned and managed by Bridgepoint).

Andrew Knight, Chief Executive Officer of Care UK, said:
“Bridgepoint has been an incredibly supportive investor for almost 14 years which has enabled us to deliver some of the highest quality care in the UK, alongside what is arguably the largest long-term newbuild development programme in the sector.

Care UK is now well positioned to continue delivering the very best care for residents and to drive our ambitious plans for future growth. The Care UK leadership team remains committed to delivering the highest quality of care and we are looking forward to this next step in the evolution of Care UK.”