PennantPark-backed AKW acquires Mobility Bathing Group
Mobility Bathing Group, founded in 2016, provides walk-in showers, baths and wet rooms for elderly and mobility-impaired homeowners in the UK.
AKW, a UK designer and manufacturer of bathroom and kitchen accessibility solutions, has acquired Mobility Bathing Group, a UK provider of adaptive bathing products. The deal expands AKW's presence in the private-pay segment and complements its position in the public-pay segment. Financial terms were not disclosed.
AKW, founded in 1982, offers more than 4,000 products, including easy-access showers, wet rooms and shower trays, and is a PennantPark portfolio company that PennantPark acquired in 2018. Houlihan Lokey acted as exclusive financing adviser to AKW, and Alpha Wave Global supported PennantPark on the financing.
Deal facts
- Target
- Mobility Bathing Group
- Business
- UK-based provider of adaptive bathing solutions, specialising in walk-in showers, baths and wet rooms for elderly and mobility-impaired homeowners
- Acquirer
- AKW
- Backed by
- PennantPark
- Deal type
- Add-on
- Advisers
- Houlihan Lokey exclusive financing adviser to AKW
- Alpha Wave Global supported on the financing of the acquisition to PennantPark
- Status
- Completed
- Announced
- Tuesday, November 3, 2026
Sources
- Investors in HealthcareNov 3, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.