Hazlewoods Corporate Finance, a leading adviser in the health and social care sector with a significant track record for acquisitions, disposals and raising finance, has recently advised on the sale of Prime Care Holdings Limited and its subsidiaries (Prime Care) to Apex Companions Limited (Apex Care). The Hazlewoods team was led by John Lucas.
Founded in 2001, Prime Care is the domiciliary care arm of Centra Care and Support and provides care to elderly service users to help them to live as independently as possible in their own homes. Prime Care operate on the south coast of England; they consist of six branches in Bournemouth, Brighton, Eastbourne & Hailsham (together, East Sussex Central), Hastings, Seahaven and Worthing.
Malcolm Patrick, Managing Director of Apex Care, commented, “Apex Care is a family run company established in 2003, providing care to elderly clients in Dorset and Hampshire. The acquisition of Prime Care is a great opportunity and we will now be able to provide care services throughout the majority of the south coast.”
John Lucas of Hazlewoods Corporate Finance noted, “I am extremely pleased to see this deal complete successfully as I believe it will bring together two outstanding care providers. It was a pleasure to work with all parties involved in this transaction.”
Steve Woodcock, Executive Director of Commercial Operations at Centra Care and Support, said: “We believe that Apex is a great fit for Prime Care and will deliver increased opportunity for both staff and customers. We were delighted with the efforts of John Lucas and the team at Hazlewoods in assisting us with this sale and found the service to be reliable, professional and proactive.”
Legal services to Centra Care and Support were provided to the vendor by Rachel Reeves and Kiran Deshi of Shoosmiths LLP.