DW Healthcare Partners (DWHP), a healthcare-focused private equity firm with offices in Toronto, Ontario and Park City, Utah, has sold portfolio company St Andrews Acquisitions.
St Andrews has been sold to Bregal Partners, a private investment firm that operates as the investment arm for Cofra Holding, a European family holding company. Cain Brothers was retained by St. Andrews to lead the sale process.
St Andrews provides community-based residential and behavioural services and support to adults and children with intellectual and developmental disabilities. DWHP purchased a majority interest in St Andrews six years ago. Through a strategic growth and acquisition plan, and in partnership with St Andrews’s management team, DWHP has built a multi-state platform offering best-in-class services to become a leading provider in the intellectual and developmental disabilities services industry. St Andrews and its operating companies operate through various locations across the west and mid-west US.
