Connell Consulting are pleased to have produced the vendor commercial due diligence on the sale of Cornerstone Healthcare Group to Cambridge Health Group, owned by Amanat.
Cornerstone is a specialist complex care provider operating care homes across the South and South West of England. Its experienced clinical and care teams support people with complex needs, including dementia, neurological conditions and mental health needs, with a strong focus on person-centred care.
Since Ignite’s initial investment in 2018, Cornerstone has expanded from two family-owned specialist nursing homes to four homes, more than tripling EBITDA and winning HealthInvestor’s Specialist Care Provider of the Year award four times.
Cambridge Health Group is a leading international operator of over 1,000 specialist complex care and rehabilitation beds.
We congratulate Ignite Growth LLP and the Cornerstone team on the successful transaction, and Cambridge Health Group and Amanat on the next stage of the business’s growth.