In Chorus Limited, a group of residential and domiciliary care providers in Hampshire, has been sold to experienced operators, advised by Redwoods Dowling Kerr.
In Chorus Limited currently provides residential care across 4 locations within Hampshire, with additional on-site personal care, support and on-call services accessible 24 hours a day. The business has become renowned in the local area for providing care to young adults on the autistic spectrum.
Since its establishment, In Chorus Limited has always strived, and succeeded, to provide excellent care for clients and residents. This has been reflected in their latest Care Quality Commission reports, in which they received the highest honour of ‘Outstanding’ at one site and ‘Good’ at others.
The current owner chose to place the business on the market in order to retire and instructed RDK in the sale. Our expert marketing campaign yielded several potential buyers, with 4 strong offers made.
The business was sold to existing operators in the healthcare sector who have several years of experience in providing care. They were attracted to the business due to its excellent location and accessibility, as well as the size of the business.
The vendor said: “The service I received from RDK was personable, helpful and knowledgeable. I was looking for a buyer who was going to look after home and care for both staff and residents. I am so excited to have completed the deal and would recommend RDK as they provided me with an experienced buyer at a good price”.
The vendor is now enjoying their well-earned retirement after finding a suitable buyer.
The buyers said: “RDK were professional, organised and friendly throughout. The service was high quality and we are excited and relieved to have completed the deal. I would highly recommend RDK as they are efficient brokers who get the deal done and they were very helpful”.
The buyers intend to continue to run the business successfully and are looking into the possibility of expansion.
Expert Sales Negotiator Nick Shepherd said: “I am delighted to have got the sale across the line. I have developed a very good relationship with both the vendor and the buyer, and I wish both parties the best of luck”.
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