HC-One £300 million acquisition of part of Bupa's UK healthcare business

Overview:

• HC-One has acquired part of Bupa's UK healthcare business for £300 million.
• The acquisition is part of HC-One's expansion strategy.
• 122 care homes will be transferred to HC-One, 150 ones will remain under Bupa's control.
• StepStone and Safanad have provided financing for the deal. 
• Deutsche Bank and Apollo Global Management have arranged the debt funding.
• Gleacher Shacklock advised HC-One

Katrin Kostadinova - Data analyst