Civica
Essential reading for the healthcare business
 
 
Remember me:
Skip Navigation LinksHealthInvestor article
UHS bolts Alpha Hospitals onto Cygnet

New York-listed Universal Health Services (UHS) has increased its UK footprint through backing the £95 million acquisition of Alpha Hospitals by its subsidiary Cygnet Health Care.

The deal, which was first reported by HealthInvestor, adds four hospitals with 305 beds in total to Cygnet Health Care, boosting the mental health provider in size to 21 hospitals with approximately 1,100 beds overall.

Alpha Hospitals reported a turnover of £42.1 million for the year ended 31 March 2014.

Cygnet has acquired the company from C&C Alpha Group which has been invested in it since its foundation 13 years ago.

Alan Miller, chairman of UHS said: “We are pleased to announce the acquisition of Alpha and welcome them into our growing system in the UK. The facility locations are an excellent geographical fit and their services are complementary to Cygnet’s existing portfolio.”

Cygnet chief executive David Cole (pictured) added: “Alpha Hospitals has a very good pedigree and an excellent reputation in the sector.  Like Cygnet, it is a brand that portrays quality and confidence, and boasts very strong customer relationships.” 

Alpha provides a range of psychiatric care services for men, women and adolescents with mental health conditions and learning disabilities from facilities in Bury, Woking and Sheffield.

KPMG ran the sale process.

Trowers & Hamlins provided legal advice to C&C Alpha Group.

UHS acquired Cygnet Health Care for £205 million last year.


Related articles:

Posted on: 19/08/2015

Latest news stories

05/12/2016
Cygnet Health Care has agreed to acquire Cambian Group’s adult services division for £377 million.
02/12/2016
The Competition & Markets Authority has today launched a market study into care homes for the elderly.
01/12/2016
The chief executive of the new specialist healthcare company carved out of Priory Group and Partnerships in Care told HealthInvestor she is confident the business has “firm footing in the market” and will be “attractive" to commissioners.
01/12/2016
After meeting the divestment requirements of the Competition & Markets Authority, Acadia Healthcare has merged its two specialist care companies Priory Group and Partnerships in Care.
30/11/2016
Global medical technology firm Smith & Nephew has appointed Graham Baker as chief financial officer.


Alix Partners


Aurora Group chief executive Stephen Bradshaw tells Hannah Thompson how to overcome the hurdles of running a turnaround business in the children's care and education space
Read more...


Capita Healthcare Decisions' Andy Lockwood tells Ploy Radford about the company's analytical ambitions
Read more...


Christie + Co

The CQC's annual State of Care report shows a sector under strain, but a change in tone shows the regulator at least recognises the assault on operators' margins is unsustainable. HealthInvestor takes a look at the devil in the details...
Read more...


A panel of leading health sector experts have put together their action plan for saving the NHS
Read more...



HealthInvestor blog
The CMA has had two very different experiences intervening in the healthcare market – but why, asks Ploy Radford

Click here to view the Editor's blog


Clare Connell and Henry Hunt of Connell Consulting examine the implications to the UK care sector of dismantling the Calais ‘Jungle’
Candesic’s Dr Joe Taylor and Dr Michelle Tempest report on the grass-roots polarisation apparent at the major party conferences
The CQC’s annual State of Care report shows a sector under strain, but a change in tone shows the regulator at least recognises the assault on operators’ margins is unsustainable. HealthInvestor takes a look at the devil in the details…
Aurora Group chief executive Stephen Bradshaw tells Hannah Thompson how to overcome the hurdles of running a turnaround business in the children’s care and education space
A panel of leading health sector experts have put together their action plan for saving the NHS

Click here to search all feature articles