Deal History
Acquirer: Iris Care Group
ALP Supported Living Services, a high-quality provider of supported living accommodation for adults with mental health challenges, learning and physical disabilities, and vulnerable adults in South Wales, has been acquired by Iris Care Group, a leading specialist complex care group.Summary of transaction details:Value: Not disclosedSector: Healthcare & Social CareAdvisor: KBS CorporateKey Entities: ALP Supported Living Services (Target), Iris Care Group (Acquirer)Location: South Wales (Target's primary operational area)Note: This acquisition enables Iris Care Group to expand its Supported Living division into Wales, leveraging ALP's four premises in Newport, Bargoed, and Nelson. The move enhances Iris Care Group’s geographic reach and service offering, furthering its commitment to providing high-quality specialist care.
Acquirer: Iris Care Group
Iris Care Group has announced the acquisition of ALP Supported Living Services, a specialist provider of supported living accommodation for adults in South Wales. This strategic move enables Iris Care Group to significantly expand its Supported Living division into a new geographical area.Summary of transaction details:Value: Not disclosedSector: Healthcare & BiotechAdvisor: KBS CorporateKey Entities: Target: ALP Supported Living Services; Acquirer: Iris Care GroupLocation: South Wales (Newport, Bargoed, Nelson)Note: This acquisition strengthens Iris Care Group's footprint in the specialist complex care sector by integrating ALP Supported Living Services' four facilities and expertise, aligning with its growth strategy to deliver high-quality supported living services across a wider network.
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