Cooper Parry Corporate Finance have once again put their deal-making experience to clinical use in the Health and Social Care sector. This time, they advised the shareholders of Bryn Melyn Care in their sale to Outcomes First Group.
For 35 years now, Bryn Melyn Care has been a leading provider of therapeutic residential care, independent education, and integrated clinical services for children and young people with multiple and complex needs.
Backed by PE firm Stirling Square Capital Partners, Outcomes First Group are a specialist provider of care, education and therapeutic services for vulnerable children, young people and adults.
The acquisition of Bryn Melyn creates the third largest provider of residential care by capacity in England. It’s Cooper Parry Corporate Finance’s second deal in the Health and Social Care market since the start of lockdown, having previously advised WestBridge on their investment to support the MBO of Bespoke Health & Social Care. And it’s another shining example of the value of integrated corporate finance and transactional tax support on deals.
Kevin McCoy, Bryn Melyn Shareholder, said:
“We have known Andy and the team at Cooper Parry for some years and when we decided to sell our business, they were the obvious choice. We are very pleased with the outcome that their professional support enabled us to achieve.”
Andy Parker, Partner at Cooper Parry Corporate Finance, added:
“Having worked on deals in the Health and Social Care sector for nearly 20 years, I knew the excellent reputation of Bryn Melyn Care and was delighted to have the opportunity to work alongside its visionary founder, Brendan McNutt, as well as a fellow shareholder Kevin McCoy. Bryn Melyn Care’s leadership position in the high acuity children’s care market has been enhanced over the last few years through the leadership of Bob Yetzes whose focus on service excellence has been exemplary.”