Renowned Domiciliary Care Agency Is Acquired by a Returning Client to Redwoods Dowling Kerr
5th March 2020
Redwoods Dowling Kerr are delighted to announce the successful sale of this acclaimed Domiciliary Care agency in Leeds to new owners.
The business was established to provide reliable and adaptable care for children, young people, and their families, offering a range of health and social care support, from personal care to highly complex care, within the comfort of their client’s own homes in North and West Yorkshire.
Since its formation, the service has been on a continuous path of learning, development and improvement, resulting in the service positioning itself at the top of its sector. The business has forged strong relationships with several local authorities, NHS and private third-party providers, delivering approximately 1150 hours of care on a weekly basis.
Driven by its team of dedicated and experienced staff, the business receives regular recommendations and referrals through word of mouth, earning a ‘Good’ overall CQC rating upon its most recent inspection, and an ‘Outstanding’ result for the ‘Caring’ criteria.
Having decided it was time for them to pursue new interests, the vendors approached Redwoods Dowling Kerr to handle the transaction for their domiciliary care agency. Once on the market, the business attracted substantial interest, receiving 6 viewings and 3 offers, ultimately selling to a corporate buyer with extensive experience in the sector. A returning client to Redwoods Dowling Kerr, they saw the acquisition of this business as a perfect opportunity to continue their expansion in the Domiciliary Care market.
The vendor commented;
“I would like to thank Redwoods Dowling Kerr and especially Nick Shepherd for his hard work and dedication during the sales process, he found us a buyer in such a short space of time. Nick was extremely professional throughout the sale and kept me up to date on a regular basis. I would also like to say a big thank you to Marc Holmes who was instrumental at guiding the sale through to completion. I would recommend Redwoods Dowling Kerr to anyone who would like to sell their business.”
Lead Negotiator Nicholas Shepherd commented;
“I am extremely pleased to have brokered this deal, and to see all parties working closely together to achieve a speedy completion. Our vendors have worked extremely hard to turn their business into a successful agency with a fantastic reputation, and when we’re able to introduce buyers that are already known to us, as with this case, it can make the process much more straightforward. We wish our outgoing vendors all the best in their new ventures and the new owners every success in taking the business from strength to strength.”