Wed, 23 Feb 2022 | BUSINESS SALE
Midway Care Group, a firm providing specialist care services throughout Birmingham and the West Midlands, has been sold to City & County Healthcare Group, a nationwide provider of care homes which operates an acquisitive growth strategy.
City & County’s acquisition strategy sees it target community care businesses across all segments of the homecare market, allowing it to grow its offering and cement its position as a leading UK community care provider. Post-acquisition, the group then uses its financial and technical resources to help its acquired businesses grow.
Based in Birmingham, Midway Care Group provides care services for people with learning disabilities who may have additional requirements. The company works alongside Local Authorities and Clinical Commissioning Groups throughout the West Midlands, including those in Birmingham, Staffordshire, Warwickshire and Solihull.
The business operates across 12 residential locations and more than 50 supported living sites, providing over 21,000 hours of care and support services per week to approximately 190 clients. Post-acquisition, the firm’s existing management team will remain in place.
Law firm Wright Hassall acted on behalf of the Midway Care Group owners, undertaking legal work ahead of the sale. Robert Lee, a partner in Wright Hassall’s corporate law division, helped to facilitate the deal.
Mr Lee commented: “Midway Care Group has built a strong reputation within the West Midlands, providing specialised residential and transitional services to individuals with learning disabilities.”
“Its sale will enable it to form part of the wider City & County Healthcare Group, ensuring a continued high quality of care as it looks to develop and improve its home care service.”
“This sale has been a great team effort from Wright Hassall’s corporate, commercial property and employment departments and we are pleased to be involved in the evolution of a company which provides such vital community services.”
Read more about M&A in the care home sector.
Find businesses for sale here.
If you are looking for an exit, We can help!
This is an opportunity to acquire a portfolio of elderly care homes conveniently clustered in the East Midlands. The management run businesses are highly profitable and well presented. Retirement sale.
FREEHOLD
Early expressions of interest are invited for the sale of a portfolio of purpose built residential care homes conveniently clustered in the Midlands. Overall occupancy is at c. 90.5% and increasing, with strong levels of private paying clients. All a...
FREEHOLD
This practice is located in London, the residents of which have a good level of disposable income and is perfect for private dentistry. Potential to introduce specialist treatments. Desirable area for private dentistry. High net profit with scope to...
LEASEHOLD
27
|
Jan
|
Administrators to sell assets as office furniture maker collapses | ADMINISTRATION
Bluespot Furniture, a West Yorkshire-based furniture manufac...
26
|
Jan
|
UK M&A down 16 per cent in 2022, but sentiment remains optimistic | BUSINESS NEWS
New analysis from PwC has revealed that UK M&A activity decl...
26
|
Jan
|
Private equity-backed law firm targeting further M&A in 2023 | BUSINESS NEWS
Stowe Family Law, a Leeds-headquartered specialist family la...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources