AMP Capital has announced that it has acquired Care Management Group (CMG) on behalf of investors in its Global Infrastructure Equity strategy.
CMG provides residential and supported living services for adults with learning difficulties and mental health conditions, with 189 services across England and Wales.
This is AMP Capital’s second investment into the UK health and social care sector, following the acquisition of The Regard Group in January 2018.
CMG has a strong track record of providing high-quality care to its service users, demonstrated through its Care Quality Commission ratings of 98% ‘Good’ or ‘Outstanding’. This commitment to high-quality care aligns AMP Capital's approach with Regard, which has received 98% ‘Good’ or ‘Outstanding’ ratings.
AMP Capital has acquired 100% of CMG.