Optima Health to buy PAM Healthcare for £100M, pending Irish approval.

Optima Health has agreed to acquire PAM Healthcare in a £100 million cash deal, funded by £70 million in bank debt and a £30 million bridge loan from a Lord Ashcroft-controlled vehicle. The acquisition, pending approval under Ireland’s foreign direct investment screening—expected within 90 days—marks an exit for PAM’s previous owner, LDC, and aims to strengthen Optima’s position as a leading occupational health and wellbeing provider in the UK and Ireland. The move supports Optima’s medium-term growth strategy, including revenue and earnings targets.