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Hazlewoods Corporate Finance team advise on the sale of Your Lifestyle Group's supported living and residential care business

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30 November 2017

Hazlewoods Corporate Finance, a leading mid-market adviser with a significant track record on acquisitions, disposals and raising finance, has recently advised on the sale of Your Lifestyle Group to Tracscare. The Hazlewoods team was led by John Lucas.

Established in 2009, with over 50 years of combined care and support experience, Your Lifestyle Group provides high-quality, flexible supported living and residential care across Gloucester, Bristol and Swindon for adults with learning disabilities and mental health needs.

Tracscare’s acquisition of Your Lifestyle Group is part of the latest stage of its growth plan, as it seeks to work with operators that share its values and commitment to quality. The Group now provides specialist support to over 80 services across England and Wales.

Chief Executive of Tracscare, Peter Battle, said: “Your Lifestyle’s outstanding reputation and our shared commitment to the Transforming Care Agenda makes it a fantastic addition to our portfolio of high quality services that provide the very highest levels of support. We look forward to working with Your Lifestyle’s dedicated team and sharing best practice across the newly expanded Group, in line with our focus on flexible, transparent support and market leading outcomes”

Tracey Caswell, Director of Your Lifestyle Group, said: “We are delighted to be joining the Tracscare team and bringing our tailor-made support services to the Group. We look forward to working together to continue to provide the very highest quality support for people across Gloucester, Bristol and Swindon.”

John Lucas of Hazlewoods Corporate Finance noted, “We are delighted to have been able to assist the shareholders in the successful sale of their business to Tracscare, bringing together two excellent care providers. It was a pleasure to work with all parties involved in the transaction and wish them every success in the future.”

Legal services were provided to the vendors by Harrison Clark Rickerbys and by Pinsent Mason to Tracscare.

Hazlewoods LLP Corporate Finance advised on 91 transactions valued at £356m in the nine months ended 30 September 2017.