Spire says sale talks continue after Bridgepoint, Triton walk away

Industry:    1 week ago

Spire Healthcare said on Friday that buyout talks with private equity firms Bridgepoint and Triton ​have ended, but it was still in discussions with ‌other parties for a potential sale.

“There can be no certainty that any offer will be made for the company nor as to the ​terms of any offer, if made,” Spire said in a ​statement.

Bridgepoint and Triton said earlier on Friday that they ⁠have no intentions of making an offer for the private ​hospital group. Spire had said in January it was exploring ​strategic options with several firms, including Bridgepoint and Triton.

In its statement, Bridgepoint said it has been unable to arrive at a transaction structure that ​would work for all stakeholders at this time. Triton did ​not specify any reasons for its decision.

Spire added that its board and management ‌are ⁠also evaluating “other appropriate actions to drive long-term, sustainable shareholder value”.

Sky News had reported on Thursday that Bridgepoint was drawing up proposals worth more than 1 billion pounds ($1.34 billion) for Spire.

Spire, which operates ​38 hospitals and ​more than ⁠50 clinics, medical centers and consulting rooms in the UK, has a market valuation of 765.2 ​million pounds ($1.02 billion), according to LSEG data.

The company’s ​shares ⁠have fallen over 8% since it first confirmed a strategic review of its operations in September 2025.

In 2021, Spire shareholders had rejected ⁠a 2.50 ​pound-per-share bid from Australia’s Ramsay Health ​Care, arguing it undervalued the business.

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