CMG owners mull sale of specialist care business

Cmg specialist healthcare

Care provider for people with learning disabilities could fetch £250m as investor interest in sector grows.

CMG, which is majority owned by Chai Patel’s Court Cavendish, operates 181 properties across England and Wales, evenly split between residential care and supported living.

Estimates from market sources of how much CMG could fetch range from £150m to £250m. The business has achieved 20% revenue growth year on year since 2015 and now boasts full-year revenues of £79m as well as EBITDA of £20m.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now