Spire Healthcare

London-listed private hospital operator Spire Healthcare has agreed to be acquired by Tulip UK Bidco, a consortium formed by Toscafund, THCP Advisory, and Ares, in a take-private transaction valued at £1.03 billion.

Summary of transaction details:

• Value: £1.03bn (250p per share)
• Sector: Healthcare & Biotech
• Advisor: Rothschild
• Key Entities: Spire Healthcare, Tulip UK Bidco, Toscafund, THCP Advisory, Ares
• Location: United Kingdom

Note: The transaction follows a formal strategic review led by Rothschild and aims to unlock long-term value from Spire's extensive network of 38 private hospitals and freehold property assets away from public market volatility.