Caring Hearts and Hands home care agency, in the West Midlands, has been sold to an existing operator in a deal facilitated by Redwoods Dowling Kerr, the UK’s leading broker for healthcare business sales.
Located in the desirable Shropshire market town of Market Drayton, Caring Hearts and Hands was established in 2017 and has earned a brilliant reputation for offering quality, professional care to clients living in their own homes. Rated “good” by the CQC at the latest inspection, the agency enjoys regular referrals and word of mouth recommendations.
The business delivers approximately 1,250 hours of care regularly on a weekly basis to around 32 clients residing in the villages and towns surrounding Market Drayton, including Shrewsbury, Whitchurch and Oswestry.
With the owner looking to retire, RDK Healthcare Deputy Sales Manager, Asif Musa, found the ideal buyer in the form of an existing operator with more than 5 years of experience in the domiciliary care sector.
The acquisition demonstrates again how M&A activity in healthcare in the West Midlands has been heating up, with RDK experiencing an increase in business sales in the sector across the region.
Our buyer said: “We have purchased a domiciliary care business from Redwoods Dowling Kerr and are already working with them on another acquisition. Asif Musa handled the sale and the support I received throughout the transaction was outstanding. Asif was incredibly helpful in providing all the necessary information and answering any questions and ensured that communication was punctual throughout the process which made the transition seamless and easy. I was impressed with the business which I can bolt to my existing business and I’m excited to build on this success. I look forward to working with you again Asif!”
RDK Healthcare Deputy Sales Manager, Asif Musa, stated: “The sale of this domiciliary care business demonstrates that the appetite for domiciliary care remains high in the West Midlands. We managed to get an excellent result for all parties to the sale. I would like to wish my client all the best with her retirement.”
Are you thinking of selling your business?
If you are considering selling your business and have any questions about what you may need to consider, then one of our experienced sales negotiators are always here to chat through any important points you may want to discuss.
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Are looking to purchase a business? The RDK sales team are here to work with you. Perhaps you are considering entering a new market or expanding your presence within an existing one? Whatever stage you’re at RDK have a wealth of opportunities that may be of interest to you.
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