Hazlewoods Healthcare team’s corporate finance specialists are pleased to announce that they have advised on the majority exit of Targeted Provision Ltd to Private Equity firm, Agathos Management LLP.
Targeted Provision was founded in 2018 to address a market need for educational support to vulnerable children. With an established team of over 40 Special Educational Needs and Disabilities (SEND) professionals, the business provides tailored, trauma-informed educational tutoring and mentoring to local authorities and schools.
Agathos’s investment will support Targeted Provision in delivering their ambitious growth plans over the coming years, taking their business to the next level within a sector that Agathos Founding Partner, William de Laszlo, is passionate about.
Targeted Provision Co-Founder, Chris Kneale-Jones, said, “Our mission is to strive to create a new minimum standard of needs-led education for the UK’s most vulnerable young people. We are hugely excited about working with Agathos to help our business scale further, allowing us to reach more young people without ever compromising on delivering best-in-class provision.”
Hazlewoods advised the shareholders of Targeted Provision on their exit, alongside partners Bjorn Benckhart and David Turney of Avery Law.
Rob Plumb, Hazlewoods Associate Director, said, “It has been a pleasure working with Chris and Josh to identify and complete with a suitable Partner for Targeted Provision. We are extremely pleased to have had the opportunity to advise on a key transaction in the Special Educational Needs market. We wish Chris, Josh and the team at Agathos the best of luck and look forward to seeing what the business can achieve.”
Chris Kneale-Jones commented, “Hazlewoods very quickly understood that instead of us wanting to look for the exit, we instead wanted an impact-driven growth partner to help us reach more young people. It was always fundamental to any deal that management were retained and were being backed to deliver future growth. In introducing us to Agathos, Hazlewoods nailed the brief.”
If you are considering selling your company, buying a business or are looking for ways to finance your growth plans and would like to find out more about the process, please contact Rob Plumb on robert.plumb@hazlewoods.co.uk or call 01242 237661.
