Connell Consulting
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

21/02/2017
NHS providers reported a combined £886 million year-to-date deficit in the third quarter of 2016-2017.
21/02/2017
Nearly two thirds of England could see hospital services cut when sustainability and transformation plans are implemented, recent analysis has shown.
21/02/2017
Stirling Square Capital Partners’s offer to dispose of parts of Acorn Care & Education to address competition concerns "might be acceptable", the Competition & Markets Authority has said.
20/02/2017
Elderly care social enterprise Oomph Wellness has raised £1.5 million to launch a new day trip service for elderly care home residents.
20/02/2017
Great Ormond Street NHS Foundation Trust has become the fourth UK trust to commission Epic to provide its electronic patient records.


Alix Partners




Valentina Petrone tells Ploy Radford how The Private Clinic has distanced itself from the cosmetic surgery market's image problem and turned its woes to its advantage
Read more...


What does BC Partners' creation of a new mental health platform mean for the sector, asks Peter Cunliffe
Read more...
HealthInvestor Events

Circumstances dictate that more care homes need to be built, but it's a far from easy task for providers. Ploy Radford examines the state of England's care home development pipeline
Read more...


Christie + Co

Is the Competition & Markets Authority's decision to investigate the elderly care market the right move?
Read more...



HealthInvestor blog
Government needs to take its cue on social care funding from outside Westminster

Click here to view the Editor's blog


National head of business development – healthcare and education at Santander and London College of Fashion graduate
The courts, local authorities and employers are driving up the demand for drug and alcohol testing, meaning a pleasant high for test providers, find Clare Connell and Charlotte Bushnell of Connell Consulting
Candesic’s Dr Joe Taylor and Kate Hall consider the role physiotherapy can play in addressing the amassing challenges of health and social care faced by an ageing UK
Private providers, and Virgin Care in particular, are trying to conquer more of the community care space. But is it worth it, asks David Waller
Circumstances dictate that more care homes need to be built, but it’s a far from easy task for providers. Ploy Radford examines the state of England’s care home development pipeline

Click here to search all feature articles