LAWFUEL – Press Release Service – Linklaters has advised HgCapital on the sale of Castlebeck to Castle Holdings Limited, a Jersey-registered company backed by Lydian Capital Partners. Castlebeck is the UK’s leading independent provider of specialist healthcare and rehabilitation services for adults and adolescents with learning disabilities and challenging behaviour. It operates 17 specialist hospitals and care homes across England and Scotland.
The Linklaters team was led by partners Richard Youle and Aedamar Comiskey and supported by associate Tom Jaggers.
Richard Youle, private equity partner at Linklaters in London, commented:
“This is the second healthcare sector transaction Linklaters has advised HgCapital on and further demonstrates our ability to compliment their sector-specialist approach to private equity.”
The sale of Castlebeck follows the recent £322 million acquisition of Paragon Healthcare which Linklaters also advised on.