Press release: Sullivan Street Partners acquires leading residential behavioural and mental health specialist UK Addiction Treatment Group (UKAT)
Sullivan Street Partners has acquired UKAT: Private Addiction Rehabilitation & Mental Health Services after a highly complex administration and sales process.
UKAT is the nation’s leading residential addiction treatment group. Operating over 200 beds across eight residential facilities in the UK, it specialises in comprehensive care and rehabilitation services for alcoholism, substance abuse, and wider behavioural health conditions.
Sullivan Street’s acquisition of UKAT will free the business of its restrictive ownership challenges and support its mission to provide best-in-class outcomes to vulnerable patients in a chronically underserved market. We’ve forged strong relationships with UKAT’s management team and developed a comprehensive knowledge of the sector. We’re excited to begin working on our plans spanning the next five years which will include an ambitious expansion of UKAT’s facilities and service offerings.
Layton Tamberlin, Co-Founder and Managing Partner, comments: “We have deep respect for CEO Daniel Gerrard and his drive to provide the best possible outcomes for UKAT’s patients and stakeholders, and persevering through challenging periods of fraught ownership. We are confident in UKAT’s resilience, and look forward to providing the business with the necessary capital and guidance to thrive.”