Redwoods Dowling Kerr are delighted to announce the successful sale of a first-class care agency, purchased by corporate operators.
Teapot Home Care, based in Hertfordshire, highly reputable domiciliary care agency looking after elderly people in their own home exclusively within the city of Welwyn Garden City.
The business was established by a professional health provider with years of experience in nursing and has an excellent reputation for its standard of care.
The agency currently provides over 450 hours of care to its clients and operates from an independent office within the current owner’s home which required relocation under new ownership.
Having built up the business since its inception, the owners decided to sell Teapot Home Care as they wanted to enjoy their well-deserved retirement.
Recognised as the UK leading healthcare business broker, Redwoods Dowling Kerr were instructed in the sale and our bespoke marketing campaign generated 10 viewings and five strong offers.
The buyers are CSN Care Group Limited, corporate healthcare operators within the sector, who saw Teapot Home Care as a perfect bolt-on acquisition for their group.
The new owners want to grow and expand the business and continue running the domiciliary care to its full capacity.
Upon completion of the sale, the vendor said: “We would like to express our thanks to RDK and Asif Musa in the sale of our domiciliary care business.
“Asif and his team without a doubt did a splendid job in arranging number of viewings of which we had received offers, negotiated well by Asif to meet with our expectation on price.
“We found Asif to be proactive, approachable and a pleasure to work with, we cannot thank him enough for his determined efforts to bring about the sale of our domiciliary care business.
“Asif recommended us to one of their panel of solicitors who did an excellent job in bringing the sale to satisfactory conclusion during lockdown.
“We would highly recommend RDK to other business owners who are thinking of selling.”
Healthcare Negotiator, Asif Musa said: “It has been a pleasure working with our client for all the hard work he has put in during these difficult times to get the sale over the line.
“It has been an excellent result for all concerned. I wish my client all the best with their retirement.”
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