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Claremont Private Hospital

Sector: Hospital • Location: Sheffield, South Yorkshire, United Kingdom

Source: Financial Conduct Authority (FCA)

AssetPrivate

Acquisition of 87% stake in operating assets of Claremont Private Hospital in Sheffield by Spire Healthcare Group plc. The hospital has 46 beds and three operating theatres, specializes in orthopaedics, general surgery and neurosurgery, and is rated 'Outstanding' by the CQC. The acquisition price is £15.7 million, funded by cash, with a long-term lease agreement on market terms with NorthWest Heal

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The project “Claremont Private Hospital” is an infrastructure initiative in the Hospital sector, located in Sheffield, South Yorkshire, United Kingdom. Taiyo aggregates data on it from Financial Conduct Authority (FCA).

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Description

Description

Acquisition of 87% stake in operating assets of Claremont Private Hospital in Sheffield by Spire Healthcare Group plc. The hospital has 46 beds and three operating theatres, specializes in orthopaedics, general surgery and neurosurgery, and is rated 'Outstanding' by the CQC. The acquisition price is £15.7 million, funded by cash, with a long-term lease agreement on market terms with NorthWest Healthcare Properties REIT. The hospital generated £20.3m revenue and £2.7m proforma EBITDA in 2019. The acquisition is expected to be accretive to Group EBITDA and earnings.

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