CMA risks for upcoming Health and Care deals

Post-pandemic, several deals have entered the healthcare M&A pipeline. LaingBuisson reports that advisers have appointed to help sell businesses in children’s services (Keys Group, Sandcastle Care and Priory Group), mental health (Huntercombe Group and Priory Group), private hospitals (Aspen Healthcare) and specialist care (Active Care Group). Competition and Markets Authority (CMA) intervention will be a…

CMA clearance of post-pandemic deals: Amazon-Deliveroo and other lessons

Over the next 12-18 months, the pandemic’s impact on how consumers spend their money means that the Competition and Markets Authority (CMA) is likely to review a number of M&A deals against a backdrop of falling demand and potential, if not immediate, financial failure. The review of Amazon-Deliveroo has gained a lot of attention because it…

CMA decides GP practices fall within merger control rules

Circle’s recent acquisition of BMI Healthcare has been cleared by the Competition and Markets Authority (CMA) subject to hospitals being divested in Bath and Birmingham. While most of the CMA’s decision is about competition between private hospitals, its most interesting implications are for GP practice mergers. Centene, a part owner of Circle, owns 18 NHS GP…

CMA clears Bournemouth – Poole NHS merger

Today’s decision by the Competition & Markets Authority (CMA), allowing the NHS hospital trusts in Bournemouth and Poole to merge, is a significant milestone. The CMA has overturned the Competition Commission’s (CC’s) prohibition of this merger, and it may also be the CMA’s last review of an NHS trust merger where the focus is on…

Puppy dogs and rainbows? M&A and competition in UK vet care

Consolidation in the UK vet sector has continued at a remarkable pace since Aldwych Partners first reviewed the sector in October 2018. In the past 16 months, four firms, IVC Evidensia, VetPartners, Linneaus Group and Medivet, have acquired some 240 vet care businesses, accounting for nearly 500 vet practices. This represents around 10% of all…