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UK: Hg acquiring majority stake in Nourish from Livingbridge

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UK-based mid-market PE firm, Livingbridge, is selling its majority stake in Nourish to Hg, an investor in European and transatlantic software and services businesses. Founder, Nuno Almeida, will continue to lead Nourish as CEO and remains a significant shareholder. Livingbridge, which has backed the company since 2022, will retain...

UK: Iris Care Group continues growth with Elysium Cymru acquisition

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Iris Care Group has acquired Elysium Cymru to further expand its supported living provision. The acquisition includes two supported living services, The Grove and Kensington Place, both based in Newport, South Wales. “This acquisition . . . demonstrates our strategic drive to build and deliver exceptional services, with strong reputations, for adults with complex needs,” said Dr Andy Jones, CEO at Iris Care Group. Established in 2008, Elysium Cymru has provided specialist supported living and residential care for adults with complex needs. “We believe is well placed to take the services...