Ashbourne pays £60m for Highclear

Ashbourne Healthcare, the care home business owned by mid-market private equity specialist Electra Partners Europe Ltd, has acquired fellow provider Highclear for more than £60m.The deal is Ashbourne’s 11th transaction since the management buy-in backed by Electra Partners Europe last year (CCMN July 2003). Including the acquisition of Highclear, £121m has been invested in acquiring…