The Regard Group, The Montreux Healthcare Fund’s majority owned operating company, has acquired Adelphi Care Services in Shropshire, in a deal that will bring the capacity of the group to circa 1150 beds and adds £1.5m EBITDA to the business.

Adelphi, which has nine facilities across specialist residential and supported living services delivers a good standard of care to service users and offers significant opportunities to drive efficiencies and improve operations, supplementing an already strong portfolio with a strong presence in the area.

This acquisition adds to an already good performance from The Regard Group with 12 facilities added within the last year and 12 more planned by mid-2018 through the organic growth strategy alone. A performance recently recognised by HealthInvestor magazine who awarded the group “Specialist Care Provider of the Year”.

Oliver Harris, CEO Montreux Capital Management (UK), stated: “We believe the Adelphi Care Services acquisition will greatly benefit the group and ultimately, The Montreux Healthcare Fund’s investors. Regard’s strong growth and financial performance this year is extremely encouraging, the company has proven that driving EBITDA can be achieved whilst delivering an extremely good standard of care and this will be further evidenced in this acquisition”