Assura owns and manages over 600 healthcare properties in the UK, leased mostly to NHS providers, making it a strategic asset for investors seeking stability in uncertain markets.
The bidding war between KKR and PHP for Assura reflects two different M&A strategies - one from private equity and the other from a strategic operator.
The trend of institutional investors shifting focus towards infrastructure, healthcare, and essential services is highlighted by the interest in Assura, showcasing the importance of strategic exits in well-positioned companies.
Founders are advised to prepare for strategic exits by aligning with market conditions and understanding investor preferences, emphasizing the engineered nature of successful exits.