Barnfield Home Care Sold to First-Time Buyer
27th August 2020
Offering a wide range of care services to individuals who wish to retain their independence, Barnfield Home Care can provide an alternative and dignified care solution for those with medical requirements. Operating within numerous towns and villages across Warwickshire, Barnfield has earned an enviable reputation with both the local authorities and a wide cohort of private clientele.
Through providing care to 80 service users, Barnfield Home Care regularly delivers upwards of 1,000 hours of domiciliary care, supported living services and enabling services per week. Whilst the care agency possesses strong working relationships with the local authorities, 75% of service users stem from the private sector.
Assisting the directors to offer a genuinely compassionate and empowering service is a large team of highly experienced and qualified managers, administrators and carers, with 25 members of staff currently employed at Barnfield Home Care. All care staff undergo comprehensive background checks and partake in a rigorous training regime, focusing on areas such as dementia, physical disabilities, cancer care, sensory impairment and companionship.
Wishing to pursue retirement, the owner Mr Barnfield decided now was the perfect time to place the care service onto the market. Recognising Redwoods Dowling Kerr as the leading business brokerage in the UK healthcare market, we were promptly instructed to facilitate the sale. After a thoughtful marketing campaign that garnered a substantial amount of interest, the business ultimately sold to a first-time buyer with over a decade’s experience in the domiciliary care industry.
The buyer commented;
“We have been very impressed with the service received by Asif Musa and Marc Holmes from Redwoods Dowling Kerr (RDK) for the service they have provided during the purchase of our first Domiciliary Care Business through Covid-19 crisis. We would like to thank you and RDK for the efficient and professional way you have dealt with us. We always felt that you have had our interests at heart and have supported us throughout the buying process. I would have no hesitation in recommending RDK to anyone thinking of buying a healthcare business. They will do their best and everything they can to aid you, assist you, and help you find a business to your needs. I will definitely use RDK for future acquisitions.”
Lead Negotiator Asif Musa commented;
“The sale of Barnfield to a first-time buyer demonstrates the continued demand for profitable domiciliary care business across Warwickshire, moreover the market for domiciliary care remains positive particularly for existing operator who have the potential to develop small to medium size domiciliary care business and acquire them as a bolt on to their existing business with a scope to expand their operations to cover different areas. I wish my clients all the best for the future.”