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Optima Health Expands Mental Health Services with Care first Acquisition

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Optima Health PLC ( (GB:OPT) ) has provided an announcement.

Optima Health PLC has announced its acquisition of Care first, a leading provider of mental health services, for a net consideration of £15,000. This acquisition will expand Optima’s Mental Health division, adding over 1,000 new customers and approximately 40 employees, thereby enhancing its Employee Assistance Programme service offering. The move aligns with Optima’s strategy of consolidating margin accretive businesses in areas of expertise, creating growth opportunities and scale benefits. The acquisition is expected to provide significant revenue growth opportunities and strengthen Optima’s market position in the occupational health sector.

More about Optima Health PLC

Optima Health is the UK’s leading provider of occupational health and wellbeing services, offering tailored solutions and innovative systems to support organizations of all sizes in creating a healthy, high-performing workplace.

YTD Price Performance: 29.86%

Average Trading Volume: 149,704

Technical Sentiment Signal: Strong Sell

For detailed information about OPT stock, go to TipRanks’ Stock Analysis page.

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