Ark has acquired 11 branches across England, creating a combined group of over 2,000 employees delivering over 50,000 hours care per week.
The acquisition completed on 6th March 2017 following a successful integration between the two businesses. The move will strengthen Ark’s presence within its core territories across the North, Midlands and London, enabling the Group to continually improve its local proposition for customers and employees.
Robin Sidebottom, Managing Director for Ark said: “We are thrilled to welcome such a great business into the Ark family. This acquisition demonstrates Ark’s long-term commitment to the care industry. I look forward to working closely with colleagues from both businesses who have been instrumental in this deal taking place, and in the smooth transition of Housing & Care 21 branches.”
Paul Weston, Chief Financial Officer for Housing & Care 21, said: “It was a difficult decision to sell the Home Care operation, and we wanted to make sure it was acquired by a provider who could continue to ensure a high-quality service to customers. We are confident that has been achieved with the acquisition by Ark. We would like to thank all the staff in those Home Care branches for their hard work and dedication, and wish them and Ark all the best for the future”.
The acquisition directly addresses the ever-growing need for a sustainable social care system which will enable the elderly and vulnerable to remain living at home safely and independently.
Sandip Khroud, corporate partner at Gateley plc led the legal team on the transaction on behalf of Ark.