Priory acquires Craegmoor to create mental health giant

Priory Group has acquired the Craegmoor Group for around £330m.As a result of the deal Priory, recently sold by Royal Bank of Scotland to Craegmoor-owner Advent International for £925m, will become the market leader in the mental healthcare, specialist education, autism and learning disability sectors. Services that fall under the Cragemoor brand will migrate to…