We are delighted to have advised Cavendish Care on their sale to ivolve Group and Civitas Investment Management.
Cavendish Care is a specialist care provider located in the South-East of England, providing residential care and supported living for adults with learning disabilities and challenging behaviours. The business has been family-owned and run since its inception 25 years ago, developing into an important asset to the local area.
ivolve Group and Civitas established a partnership in 2018 to acquire high quality specialist care operators in the UK. This acquisition represents their eighth acquisition together and provides ivolve Group with an established footprint in the South East of England.
ivolve Group, formerly known as Envivo Group, is a leading provider of specialist care and support in England and Wales and recently completed the integration of existing providers Heathcotes, New Directions and TLC Care and Support into a new enlarged brand name.
Civitas is the largest investor into specialist care in the UK, with over £3.5bn under management dedicated to investing exclusively into specialist community healthcare and social infrastructure in the UK and Europe, backed by government funding and producing beneficial and sustainable social outcomes.
We were appointed to provide corporate finance and tax services to the shareholders. The two teams worked together, ensuring that a successful process was delivered, driving and protecting value and supporting the client throughout.
Our deep understanding of the market, and strong relationships with all parties involved helped navigate the challenges faced, and our tenacity and dedication to drive the deal process to a successful outcome ensured a fantastic result for our client.
Nick and the Grant Thornton team worked extraordinarily hard on this transaction, providing instrumental guidance, support and advice to us throughout the process. The team faced every problem with the same intent and never faltered. Their understanding of the sector, determination and expertise helped deliver us a fantastic result.Patrick and Beverley Winchester, Founders Directors, Cavendish Care
We’re delighted to have made this acquisition, and brought Cavendish into the ivolve family. All transactions have their complexities, and this deal was really well supported by Grant Thornton who were instrumental in creating a smooth and effective process.Tim Davies CEO, ivolve Group