Sovereign has been actively investing in the healthcare services sector since 2002, specialising in acute care provision. Its current portfolio includes Cascade Care, which provides residential care for adults with mental health needs, and Parallel Options, which supplies supported living for adults with learning disabilities and mental health needs. Sovereign is in discussions with a number of supported living businesses across the UK to expand Eden’s geographic reach through acquisition.
“Eden’s position as a regional market leader with excellent customer relationships in Nottinghamshire and South Yorkshire gives it a strong foundation to grow into new markets. Furthermore, Sovereign’s excellent track record in the sector should only act to accelerate Eden’s expansion.The long term dynamics in the healthcare sector are driving M&A activity. We have a number of other transactions in the pipeline and expect to see several more transactions completing in the next 12 months.”