
Advent closes Priory buyout
Global private equity firm Advent International has acquired mental health and specialist care services provider The Priory Group from the Royal Bank of Scotland Group.
The buyout comes at a time when demand for health and social care is expected to rise due to a growing aged population and a lessening of the social stigmas associated with mental health issues.
Rory Pope and Thomas Allen led the deal on behalf of Advent.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com
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