Nightingales put up for sale
Healthcare expert Nightingale Associates could be sold by parent company Tribal following a widescale review of operations
The industry giant said it was exploring a ‘range of strategic options’ for the AJ100 practice.
A spokesperson for Tribal confirmed: ‘[The business] regularly reviews its core competencies and areas of activity to ensure they are consistent with the Group’s strategic objectives.We have concluded that Nightingale Associates is no longer central to the Group’s operations.
‘We are therefore exploring a range of strategic options for this business.’
Tribal told Health Investor that despite continued health sector work the practice suffered from the collapse of the Learning and Skills Council building programme, with profits falling from £17.6 million to £17.2 million.
Nightingale Associates was founded in 1989 by Mike Nightingale and Richard Harrington and became a part of Tribal in 2009 following a £9 million sale.
The healthcare specialist is involved in the design of one the UK’s largest hospitals, the £840 million Southern General Hospital in Glasgow, and recently won the contract to design the £120 million Dumfries Royal Infirmary Hospital in January.
Nightingale employs 250 people across six offices and is ranked 12th largest in the AJ100 survey of UK practices.