Acquisition by support services company covers health and government divisions
Capita is to acquire the health and government divisions of Tribal Group for £15.8m.
Tribal’s health and government divisions made a pro forma operating loss of £0.9 million on turnover of £71.5 million in the year to 31 December 2010.
Paul Pindar, Capita chief executive officer, said: “The government consulting acquisition will strengthen our proposition for service delivery and technical support across central and local government, including policing, justice and housing. In addition, Tribal’s health expertise fits with our strategic goal to provide support services to GP commissioning consortia.
“This will allow us to supplement our propositions in patient engagement, HR, payroll, finance, IT and estates services with more direct commissioning, support services like invoice validation, health needs assessment and risk stratification. Our aim is to offer a comprehensive menu of services that cover the full range of functions that GP commissioners will be required to fulfil.”
Tribal’s health division includes expertise in clinical coding, health informatics and support for the establishment of commissioning consortia.
Tribal’s government division includes support for environmental, home and foreign policy, and consultancy services for public housing, agribusiness and devolved administrations
Tribal’s health and government divisions have around 340 staff, primarily in London, Belfast and Dublin.