Cornerstone Healthcare Group
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Cornerstone Healthcare Group - overview
Location
Southampton, -, UK
Primary Industry
Healthcare
About
Cornerstone Healthcare Group specializes in providing comprehensive healthcare services within the assisted living and residential care sectors, focusing on enhancing residents' quality of life through tailored support and rehabilitation programs. Cornerstone Healthcare Group operates as a specialized healthcare provider, focusing on assisted living and residential care services. The company was acquired by Ignite, alongside management, in September 2018, though the financial terms were not disclosed. The firm is headquartered in Southampton, UK, and has made one deal to date as recorded.
The current CEO is Deborah Peters, with Philomena Marshall also in a leadership role. Cornerstone Healthcare Group focuses on providing specialized healthcare services within the assisted living and residential care sectors. Their primary offerings include comprehensive care for residents with complex needs, including nursing, rehabilitation, and supportive living environments. The company aims to create a nurturing atmosphere that enables residents to thrive, addressing individual health and wellness challenges while fostering a sense of community and belonging.
The client base consists mainly of elderly individuals requiring assistance, as well as their families who seek reliable care options in various UK locations, such as South Africa Lodge in Waterlooville, Kitnocks House in Curdridge, Marula Lodge in Camberley, and The Burren in Bristol. These services are tailored to meet the specific needs of residents across different geographical markets, focusing on enhancing their quality of life through dedicated care. Cornerstone Healthcare Group generates revenue through direct-to-consumer transactions primarily from providing residential care services and support to individuals requiring assistance with daily living. The company reported a revenue of USD 32.
26 mn for the most recent year 2024, along with an EBITDA of USD 6. 69 mn. The revenue structure is built around service fees paid by residents and their families for accommodation and tailored care services, emphasizing their commitment to delivering high-quality care as reflected in positive feedback from families. While specific future product launches have not been detailed, Cornerstone Healthcare Group aims to expand its market presence through its existing services.
Following its acquisition in September 2018, the firm is poised to leverage recent funding to enhance operational capabilities and support potential expansions into new regions within the UK. Specific geographical markets targeted for future expansion have not been disclosed.
Current Investors
Ignite
Primary Industry
Healthcare
Sub Industries
Fitness & Wellness Facilities, Home Healthcare, Nursing Homes & Assisted Living, Mental Health Services
Website
www.cornerstonehc.co.uk
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Cornerstone Healthcare Group - financials
| Fiscal Year Ended | Jun 30, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 10,759,510 | 10,338,716 | 16,230,749 | 18,703,461 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 15.2% | - | - | - |
| EBITDA (USD) | 2,186,752 | 2,211,682 | 3,653,740 | 3,053,299 | - | - | - |
| Operating Income (USD) | 908,050 | 971,113 | 1,983,915 | 1,333,014 | - | - | - |
| Operating Margin | 8.4% | 9.4% | 12.2% | 7.1% | - | - | - |
| % EBITDA Margin | 20.3% | 21.4% | 22.5% | 16.3% | - | - | - |
| NET Income (USD) | 110,249 | 118,564 | 778,646 | 162,978 | - | - | - |
| % Net Margin | 1.0% | 1.1% | 4.8% | 0.9% | - | - | - |
Cornerstone Healthcare Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Cornerstone Healthcare Group | - |
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