# Spire Healthcare takeover by investment consortium

> Live situation record from CLSTR: https://clstr.news/situations/spire-healthcare-takeover-by-investment-consortium
> Updated: 2026-09-07T08:33:33.000Z. Sources: 4. Developments: 2.

Spire Healthcare, the largest private hospital operator in the United Kingdom, has agreed to a takeover by an investment consortium. The deal, valued at approximately £1.03 billion ($1.39 billion), will result in the company being taken off the London stock market.

The acquisition is being executed through a newly established vehicle, Tulip UK, which is backed by funds managed or advised by Toscafund Asset Management, THCP Advisory, and Ares Management. Under the terms of the agreement, shareholders will receive 250p per share, representing a premium of roughly 66% over the company’s market capitalization as of May 13.

Following the completion of the acquisition, Tulip UK intends to conduct a review lasting up to 12 months. This review will assess Spire’s primary care operations, which may lead to the disposal of parts of the private GP business and potential workforce reductions.

## Timeline

### 2026-09-07: Spire Healthcare agrees to £1bn takeover by investment consortium

Spire Healthcare will be taken private in a £1.03 billion takeover by a consortium led by Toscafund Asset Management, THCP Advisory, and Ares Management.

3 sources. https://clstr.news/cluster/spire-healthcare-agrees-to-1bn-takeover-by-investment-consortium

### 2026-09-04: Spire Healthcare agrees to £1.03 billion takeover

Spire Healthcare Group has agreed to a £1.03 billion takeover by a consortium including Toscafund, Three Hills, and Ares, representing a 66% premium over its previous market capitalization.

2 sources. https://clstr.news/cluster/spire-healthcare-agrees-to-103-billion-takeover

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Cite as: Spire Healthcare takeover by investment consortium. CLSTR, https://clstr.news/situations/spire-healthcare-takeover-by-investment-consortium