Redwoods Dowling Kerr is pleased to announce the successful sale of Cedars Care, a well-established homecare agency in Nottinghamshire, to a first-time buyer entering the healthcare sector.
Operating across Nottinghamshire, Cedars Care has built a strong reputation since its establishment in 2016 for delivering high-quality care and support to individuals living in their own homes. The agency provides a wide range of services designed to promote independence, dignity and wellbeing for adults and elderly service users.
At the time of sale, the business was delivering approximately 290 care hours per week to 26 service users and benefited from a predominantly private client base. The agency had also developed strong referral relationships with local authorities, NHS services and other professional referrers.
Cedars Care offers a comprehensive range of domiciliary care services, including personal care, medication support, meal preparation, companionship, respite care, and specialist support for individuals living with dementia, mental health conditions, physical disabilities and learning difficulties.
Supported by an experienced team of dedicated care staff, the agency was rated ‘Good’ by the CQC.
The opportunity attracted significant interest from a number of experienced trade buyers due to its strong reputation, loyal client base and growth potential. Following a competitive sales process managed by Redwoods Dowling Kerr, the business was ultimately acquired by a first-time buyer who recognised the agency’s quality foundations and future prospects.
Amy Dilworth, Sales Negotiator at Redwoods Dowling Kerr, who brokered the transaction, commented:
“Cedars Care attracted strong interest throughout the sales process, with multiple offers received from established operators within the sector. The business has built an excellent reputation for delivering high-quality care and presented a fantastic opportunity for growth. I am delighted to have helped both parties achieve a successful outcome and wish the new owner every success as they continue to develop the agency.”
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.
Are you looking to buy a business?
Are you looking to purchase a business? Then 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.
MORE FROM CATEGORY: Healthcare Transactions
