Spire Healthcare has said that discussions over a potential sale of the business remain ongoing, despite private equity firms Bridgepoint and Triton confirming they will not make an offer, according to a report by Reuters.
The UK-listed private hospital operator said it is continuing to engage with other parties, but cautioned that there is no certainty a transaction will materialise, nor on the terms of any potential offer.
Bridgepoint said it was unable to reach a deal structure that would satisfy all stakeholders, while Triton did not disclose its reasons for stepping away. Spire had launched a strategic review in September 2025 and confirmed in January that it was in talks with multiple potential bidders, including the two firms.
Separately, the company said its board and management are also considering alternative actions to drive long-term shareholder value. Reporting from Sky News had previously indicated that Bridgepoint was exploring a bid of more than £1bn for the business.
Spire operates 38 hospitals and more than 50 clinics, medical centres and consulting rooms across the UK and currently has a market capitalisation of around £765m, according to LSEG data.
