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Bridgepoint and Triton Explore £1.5bn Takeover of Spire Healthcare

Investor pressure has prompted a Rothschild-run review that could yield an agreement within months.

Overview

  • Bridgepoint and Triton are exploring bids in a formal process overseen by Rothschild, with indications of interest due this week.
  • A potential deal is reported at about £1.5bn and would likely see Spire leave the FTSE‑250.
  • Advent International and Bain Capital have contacted the adviser but are not expected to move forward.
  • Spire’s shares closed at 178.2p after a 23% year-on-year slide, valuing the company just under £725m and implying any offer must come at a significant premium.
  • The group runs nearly 40 hospitals and more than 50 clinics and treated over 1.3 million patients in 2024, while Mediclinic holds a 29.9% stake.