Celebrity-backed rehab center joins UK’s expanding addiction treatment network
Deal Flash
The Providence Projects, one of the UK’s leading providers of affordable private alcohol and drug rehabilitation services, has been acquired by UKAT Group, a network of rehabilitation clinics across the UK.
Established in 1996, Providence has built a strong reputation for delivering high-quality, accessible care to individuals and families affected by addiction. Based in Bournemouth, the group offers a comprehensive range of evidence- based treatments for substance misuse, including alcohol, cocaine, heroin and prescription drugs, and behavioral addictions such as gambling. Its team is made up of highly experienced addiction specialists, therapists and support staff.
UKAT Group is a nationwide network of Care Quality Commission (CQC)-regulated rehabilitation clinics, dedicated to providing high-quality, evidence-based addiction treatment. Its mission is to help individuals achieve long-term recovery through professional medical detox, rehabilitation therapy and ongoing support. UKAT offers treatment for a wide range of substance and behavioral addictions, including alcohol and drug addiction, gambling addiction, eating disorders and dual diagnosis involving co-occurring mental health conditions.
Choosing to join UKAT Group was about ensuring the long-term future of Providence. We’ve always prioritized client care and clinical integrity, and in UKAT, we saw an organization that shares those values. This move allows us to grow, invest and continue changing lives together.PAUL SPANJAR, CEO, THE PROVIDENCE PROJECTS, UK
Oaklins was instrumental in facilitating this deal
Oaklins S&W, one of Oaklins’ member firms in the UK, acted as the lead advisor to the shareholders of Providence on the sale of the business to UKAT. Its strong sector credentials enabled it to win a competitive pitch process. The team subsequently advised on all aspects of the transaction, from initial buyer research and sale preparation to drafting marketing materials, leading negotiations and buyer meetings, managing due diligence and overseeing general project management throughout the deal.
Talk to our advisors
Director
View profile
Director
View profile
Read more about the transaction, market trends, deal drivers and M&A valuation aspects
