Sullivan Street Partners, a UK-based mid-market buy-out specialist, announces the acquisition of UKAT, the UK’s leading, residential addiction treatment group. UKAT operates over 200 beds across eight residential facilities in the UK.
Daniel Gerrard, CEO and Founder of UKAT commented: “We’re thrilled to welcome new ownership under Sullivan Street Partners. We have a positive history with the team and they know the industry, our business and most importantly, our desire and drive to help as many people suffering with addiction as possible, and they’ll undoubtedly be able to help us achieve our mission.”
Layton Tamberlin, Managing Partner, Sullivan Street, commented: “We are pleased to have completed this acquisition. Over the course of our involvement, we developed a comprehensive understanding of the business, its aims, and built a strong relationship with the management team. We have deep respect for Daniel and his drive to provide the best possible outcomes for UKAT’s patients and stakeholders, and persevering through challenging periods of fraught ownership. We are confident in UKAT’s resilience and growth prospects. We look forward to bringing out the company’s full potential over the years to come.”
Connell Consulting have worked for Daniel, and his team for many years and look forward to seeing this business grow further.
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