
Sovereign Capital's Christchurch Group buys Hunters Moor
Christchurch Group, a neurological rehabilitation platform backed by Sovereign Capital, has bought Hunters Moor, also a provider of neurological rehabilitation services.
Sovereign Capital provided fresh equity while The Bank of London and the Middle East (BMLE) provided debt to finance the acquisition.
Christchurch increased its capacity by more than 60% in acquiring Hunters Moor, according to Sovereign.
The acquisition was sourced by Sovereign as part of Christchurch's recent expansion course, designed to extend its geographical reach. In 2012, the business acquired Woodlands Respite Care Centre from the MS Society.
Sovereign originally invested in Christchurch in 2010.
Company
Hunters Moor offers neurological rehabilitation services for adults with brain and spinal injuries. Its staff include physiotherapists, speech and language therapists, occupational therapists, clinical neuropsychologists, rehabilitation nurses and assistants, therapy activity coordinators and consultants in rehabilitation medicine and neuropsychiatry.
Hunters Moor is based in Birmingham. It has facilities in Bedford, Northampton and York and will open locations in Oxford and Lincoln next year.
People
Dominic Dalli is a partner at Sovereign. Mike Barnes leads the medical team at Hunters Moor.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater