Orbis advises on the sale of CPI Care to Envivo Group and Civitas Investment Management
Orbis Partners have completed another high-profile healthcare deal with the sale of CPI Care to Envivo Group and Civitas Investment Management (“CIM”) for an undisclosed price. The deal was led by Partner Shah Zaki and Director Steve Nock with support from Executive George Twogood.
Based in the South of Wales, CPI is a provider of specialist 24-hour domiciliary care to adults with high support needs. With a capacity of 53 beds across 15 properties, CPI provide specialist packages of care to adults who present with a mix of learning, mental health and physical conditions. The Company has experienced strong growth over recent years due to market-leading occupancy levels and the opening of several development centres teaching independent living skills.
I started CPI many years ago and as a project it has been close to my heart. Finding the right buyer and home for the business was key. With their track record and knowledge of the healthcare services market, Orbis were always my advisor of choice. They have provided a hands-on, professional service from start to finish and have delivered an outstanding result.
Jamie Morgan, Shareholder and Founder
We’ve been aware of CPI for a number of years and their exceptional reputation within the supported living market. We identified a number of strategic buyers for the business and are delighted to have concluded a deal that recognises the value Jamie has built within CPI over a number of years.