Northamptonshire Specialist Care Group Sold By DC Care

24-7 Care Limited, Wellinborough, Northamptonshire

24-7 Care Limited has been sold by healthcare business agents DC Care for an undisclosed sum.

The business, which includes residential and supported living units located in Wellingborough, Northamptonshire was acquired by the Chesterfield based specialist provider Heathcotes Group. Commenting on the acquisition Mikkel Togsverd, Managing Director of Heathcotes Southern said "We are extremely pleased with the acquisition of the 24-7 Care services. The company has a strong track record of achieving great outcomes for people with complex needs and challenging behaviours which is quite similar to Heathcotes’. The acquisition is a strategic fit geographically, because of the supported living services which complement our care homes and as a model we are exploring."

The sale, which completed just days before Christmas, marked the end of a hugely successful year for DC Care. Andy Sandel, southern based business appraiser for DC Care, who managed the sale, said "We are delighted to have concluded this deal and have enjoyed a busy start to 2017, with more transactions moving towards completion."

CARE BUSINESS SEARCH...

"Thank you so much for your assistance in the sale of Adelaide House. For several years prior to the sale you had kindly given very sound appraisals of market conditions which enabled us to optimise the time of sale. Having taken instructions and after a discreet visit you were able to provide a realistic valuation, but then more significantly, and very much to our advantage were able to find a purchaser without formally putting the Home on the market. It was a great relief not to have a stream of potential purchasers looking round the home which I'm sure would have led to suspicions from the staff. As it was, when it came to exchange of contracts, no one other than our manager who had been briefed from the outset, was aware of the sale. In the meantime you had guided us smoothly through the dealings with the solicitors and the CQC. So a very big thank you to yourself and your highly efficient and competent assistant Clare for a truly professional service in selling our Home."

David Sutton, Adelaide House