August 9, 2018 Finance

Cygnet Healthcare acquires The Danshell Group

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Universal Health Services, Inc. has announced that, through its UK subsidiary Cygnet Health Care, it has acquired The Danshell Group. Danshell owns and operates 25 facilities with a total of 288 beds in the United Kingdom. Cygnet Health Care will operate and manage these new facilities. The Danshell facilities support and care for adults living with learning disabilities, who may also have a diagnosis of autism, in specialist supported living, residential services and hospitals. Through this acquisition, the company expands into new service lines and new geographical areas, complementary to the existing UK portfolio.
Alan B. Miller, CEO and Chairman of the Board of Universal Health Services, Inc., and Chairman of the Board for Cygnet Health Care, said, “The acquisition of Danshell expands our network of services in the UK, enabling us to deliver superior quality care to more people. The facility locations are an excellent geographical fit and their services are complementary to our existing portfolio.”
Tony Romero, M.D., CEO of Cygnet said, “The Danshell network of facilities has a strong reputation for providing compassionate behavioral health care with respect and dignity as evidenced by the high quality ratings deemed by CQC. Like Cygnet, Danshell is a brand that portrays quality and confidence, and boasts long-standing customer relationships.”

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