Orbis advises on the sale of CPI Care to Envivo Group and Civitas Investment Management
Orbis Partners have completed another high-profile healthcare deal with the sale of CPI Care to Envivo Group and Civitas Investment Management (“CIM”) for an undisclosed price. The deal was led by Partner Shah Zaki and Director Steve Nock with support from Executive George Twogood.
Based in the South of Wales, CPI is a provider of specialist 24-hour domiciliary care to adults with high support needs. With a capacity of 53 beds across 15 properties, CPI provide specialist packages of care to adults who present with a mix of learning, mental health and physical conditions. The Company has experienced strong growth over recent years due to market-leading occupancy levels and the opening of several development centres teaching independent living skills.
“We’ve been aware of CPI for a number of years and their exceptional reputation within the supported living market. We identified a number of strategic buyers for the business and are delighted to have concluded a deal that recognises the value Jamie has built within CPI over a number of years.”
Shah Zaki