City and County Healthcare Group, a domiciliary care provider backed by Sovereign Capital, has acquired Care Line Homecare (“Careline”) as its fourth acquisition bolt-on since September 2009.
Marriott Harrison LLP advised City and County Healthcare Group and Sovereign Capital on the acquisition, having advised on the original investment by Sovereign Capital of City & County Healthcare (formerly London Care) in September 2009 and the subsequent acquisitions of Sterling Homecare, Guardian Homecare and Quality Care Services.
Similar to City & County, Careline provides care in the home, predominantly to elderly people and also to individuals with physical disabilities, mental health issues and learning difficulties. The business has two branches, both of which are rated Excellent by the Care Quality Commission, serving clients across Newcastle, Gateshead, South Tyneside and Northumberland. Since it was founded in 1998, Careline has consistently grown the number of care hours provided, aided by its excellent reputation for the quality of service delivery.
Craig Rushton, CEO of City & County, said: “We are delighted to welcome Careline into our organisation. Its North East location, considerable market share and compatible working processes make it a complementary addition to the group and the acquisition moves forward our UK expansion.”
Commenting on the transaction, Dominic Dalli, Partner at Sovereign, said: “This is a strategically important acquisition for City & County as it creates a northern hub from which the Group can expand further. Sovereign will continue to use its Buy & Build strategy to grow the business organically and through acquisitions into a leading, national provider of high-quality domiciliary care.”
Dee Sian (Corporate partner) led the MH team, comprising Laura May, Bob Cordran, Tony Granby, Guy Hitchin and David Strong.
Dee Sian, MH Corporate
Marriott Harrison LLP