Bupa Dental Care acquired 13 new independent practices across the UK and Ireland in 2019, taking the company’s total to 483 sites.
Award winning Compass Executives are one of the most active executive search firms in the industry. Our Private Sector Practice are responsible for supporting leading Private Equity backed, Privately Owned, Large Corporates and Advisory Services organisations that span the full breadth of the health, social care and specialist education space.
According to Laing Buisson’s July 2018 Healthcare Markets Review created in conjunction with the ONS, the Private Sector now accounts for 47.2% of the value of the £191.7bn UK healthcare industry spend – £90.4bn – and plays a significant role in virtually every aspect of health, social care and specialist education.
This share is expected to grow in the coming years. This provides Compass Executives with a unique viewpoint to really drill down on the detail of what is actually happening within the sector and is vital when sourcing the most appropriate talent for our clients.
Private sub-sectors we cover and their market worth:
- Care homes: elderly / physically disabled adults: £15.7bn
- Care homes: learning disabilities / mental health: £10.1bn
- Private Acute Medical Care: £6.3bn
- Mental health hospitals: £1.6bn
- Homecare and Supported Living: £6.5bn
- Children’s homes: £1.4bn
- Special education needs: £4.2bn
- Foster care: £1.9bn
- Primary medical care: £10.5bn
- Community health services: £11.6bn
- Dentistry: £6.3bn
The role of Private Equity
With higher returns to shareholders than most major markets and a strong resistance to economic turmoil, healthcare remains an attractive investment opportunity to Private Equity houses from all over the globe – the UK is far from being an exception.
Recent figures released by Laing Buisson in 2019 reflect that the UK private healthcare market is more attractive to Private Equity firms that ever before; the number of major Private Equity backed transactions reaching a new high of 25 deals in 2018, compared with just 8 in 2015.
For Private Equity firms, an improvement in quality is inherent in ensuring that the investment is successful. This model, in a highly regulated industry with public media profiles ensures that their activities, governance and principles are aligned with public interest.
At Compass Executives we have a track record of working with many leading Private Equity houses. Through this we are well versed in what talent is attractive and the attributes required to work in this growth orientated environment.
If you are a candidate with the ambition to work in Private Equity then please contact Sam Leighton-Smith for more information.
The latest Private Sector health, social care and specialist education C-suite opportunities can be found here.