Bridgepoint looking to sell Care UK

Bridgepoint are reported to have enlisted Rothschild to sell their Care UK business.  

Care UK, led by CEO Mike Parish, operates 118 care homes with almost 8,000 beds. Their homes have a higher proportion of beds paid for privately by residents.

In the year ending September 2017, the residential care division accounted for 32.9 million pounds of earnings before interest, tax, depreciation and amortization (EBITDA) and 300.7 million pounds of annual revenue.

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