S&W Corporate Finance team advises The Providence Projects Rehab Group on sale to UKAT

Established in 1996, The Providence Projects is one of the UK's leading providers of affordable private alcohol and drug rehabilitation services. Based in Bournemouth, the Group offers a comprehensive range of evidence-based treatments for substance misuse.

The team at Providence is made up of highly experienced addiction specialists, therapists, and support staff who are committed to helping clients achieve lasting recovery.

It has been acquired by UKAT Group, one of the UK’s leading providers of private residential addiction treatment services and is a nationwide network of CQC-regulated rehab clinics, dedicated to providing high-quality, evidence-based addiction treatment.

The deal adds to an already impressive list of healthcare credentials for S&W’s Corporate Finance team, following on from the sale of Oakleaf Care to CareTech Holdings Plc, and The Mole Clinic on its sale to Sk:n.

S&W, were appointed by the Shareholders to go to market and identify a buyer for the business and ran a highly competitive sale process, and negotiated and advised on all financial, commercial and marketing aspects of the deal.

Ben Laing, who led the deal from S&W, commented: “It was a real privilege to advise Paul and the team at The Providence Projects. They’ve built an exceptional business delivering life-changing support, and we were proud to help guide them through a successful sale to UKAT.”

Paul Spanjar, CEO of The Providence Projects, said: "Choosing to join the UKAT Group was about ensuring the long-term future of Providence. We’ve always prioritised client care and clinical integrity, and in UKAT, we saw an organisation that shares those values. This move allows us to grow, invest and continue changing lives together.” 

S&W is a UK member firm of Oaklins International Inc, the leading mid-market global M&A advisory firm.