Indian healthcare provider Narayana Health finalized its first venture into the British market by acquiring Practice Plus Group, the United Kingdom’s fifth-largest private hospital group.
The acquisition price is approximately $250 million. The transaction, which is expected covers only Practice Plus Group’s secondary care division, separating it from its integrated urgent care and Health in Justice businesses division, which provides healthcare throughout the justice pathway.
The Reading-based Practice Plus Group, founded in 1997, is also the UK’s fourth-largest provider of National Health Service (NHS) healthcare services. Its assets include seven hospitals, three surgical centers, two urgent treatment centers, three musculoskeletal/diagnostic centers, and one ophthalmology center, totaling 330 beds. The group employs 1,300 doctors and clinical staff.
Practice Plus Group has demonstrated robust financial growth, expanding revenue at a rate of 12% annually. Last year’s revenues totaled approximately $304 million with an anticipated turnover of about $332 million this year. Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) has also seen significant growth, rising from roughly $17 million in 2023 to $21 million last year, and is projected to reach $26 million this year.
Narayana Health was founded 25 years ago in Bangalore by cardiac surgeon Devi Prasad Shetty, who is also the Chairman. It now has a network of 21 hospitals across the country with almost 4,000 doctors. Shetty described the acquisition as “an incredibly exciting step for Narayana Health.”
The rationale behind the acquisition is rooted in the market shift toward day care procedures and the increasing reliance on private payment for healthcare services in the UK.
The acquired business, purchased from private asset growth investor Bridgepoint, will be led in the UK by Practice Plus Group’s current deputy chief executive, Ross Dowsett.
Last updated: December 26th, 2025
