- Priory Group
Priory Group is one of Europe’s largest independent providers of mental health and specialist services, working in partnership with the UK’s National Health Service (NHS) and local authorities to deliver high quality care and education.
We acquired Priory Group in March 2011, recognizing the company’s potential for further growth as a result of our work on existing portfolio company Craegmoor, a leading UK provider of care and support for adults with development disabilities.
Since the acquisition, we have worked closely with Priory’s management to support operational improvements and care innovations. We have also made available financial resources to fund the improvement of the Group’s existing facilities and develop high quality new units to satisfy growing demand for the Group’s service offering.
In April 2011, Priory Group acquired Craegmoor. The combination consolidated Priory Group’s position as a UK market leader while enabling it to provide care across an increased range of settings, thereby extending care pathways. We believe Priory Group is well-placed to deliver quality and cost-efficient outcomes to more healthcare and educational agencies as the demand for quality healthcare and social care continues to rise. Priory can offer a complete care pathway – from acute care through to rehabilitation in the community over time.
"Advent is the ideal partner that Priory has been seeking, given extensive global and UK experience of successfully owning and managing healthcare investments."