Montreux Capital Management (UK) has secured the merger of The Huntercombe Group with the Montreux Healthcare Fund’s operating asset, The Active Care Group in an historic deal which will add over c.£13m EBITDA.
The merger will secure 14 freehold properties and c.390 service users for the business, adding a mental health specialism to The Active Care Group’s already strong learning disability and neurological injury specialisms. The deal places the group on a strong footing, with significant synergies and organic growth anticipated in 2022 as a result of the businesses coming together.
Oliver Harris, Managing Partner, Montreux Capital Management (UK) stated: “The merger of these two businesses is a crucial step forward for The Active Care Group and the Montreux Healthcare Fund. The Huntercombe Group is a very high-quality business with a strong senior leadership team which will complement The Active Care Group’s already strong business model. Importantly, the merger should deliver significant value to the fund’s investors.”
Dr Sylvia Tang, CEO, The Active Care Group remarked: “This is a fantastic opportunity to bring our wealth of clinical strength and expertise together to deliver the best care and outcomes for individuals in the right settings – in hospital, residential care, supported living or at home. We are very excited to come together to deliver continuous improvement in the care we deliver.”