Sale of Woodleigh Community Care to Cambian GroupPrint news article
Walker Morris has reinforced its expertise in the specialist care sector by advising on the sale of Woodleigh Community Care (“Woodleigh”) to Care Aspirations Developments Limited, a wholly owned subsidiary of Cambian Group plc. It is Walker Morris’ third deal in the specialist care sector in six months.
Cambian Group plc is one of the UK’s largest specialist behavioural health service providers. The acquisition of Woodleigh is a significant opportunity for Cambian and is aligned to its strategy of both increasing specialist capability and capacity, and expanding into geographies where it is under-represented.
Woodleigh operates 152 beds, across 13 residential homes and supported living units and one hospital in the Yorkshire and Humber region. The business provides a full pathway for specialist, community-based, care for adults with complex needs, challenging behaviours and learning disabilities. The care and approach of Woodleigh is well aligned to the government’s Transforming Care agenda and provides Cambian with a platform to replicate these services and approach in additional sites in neighbouring regions.
The Walker Morris team included John Hamer (Head of Corporate), Oliver Duke (Corporate), Cameron Baloyi Rigby (Real Estate). John Hamer said:
“The specialist care sector is undergoing significant change at a time when Local Authority budgets are under huge pressure and demand for specialist care services is increasing. The Sector remains highly fragmented and we expect to see further M&A activity involving consolidators and Private Equity.”
Corporate finance advice to the sellers was provided by a team from KPMG comprising: Christian Mayo, Andrew Nicholson, Giles Taylor and Dan Smith.