Summary
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 disclosed
- Sector: Healthcare & Biotech
- Advisor: KBS Corporate
- Key Entities: Target: ALP Supported Living Services; Acquirer: Iris Care Group
- Location: 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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