La Salle are delighted to announce another successful sale for a client in the Care sector. A South Wales-based care provider who specialise in supporting adults with autism and complex learning disabilities, has new owners.
Values in Care, which was set up by managing director Geraldine Butler in 2003 to provide specialist medium-to-long term 24-hour supported accommodation to adults with complex and challenging needs, has been sold to Swanton Care and Community for an undisclosed sum.
Swanton provides specialist, high quality care ranging from autism and learning disabilities to mental health and acquired brain injuries through its leading-edge facilities across England. The acquisition of Values in Care will allow Swanton to increase its footprint in Wales.
La Salle were instructed by Geraldine to identify potential purchasers. There was a great level of early interest generated before Swanton emerged as the likely purchaser. Lawyers at Royds Withy King and accountants and business advisers at RSM also assisted once Swanton's offer was accepted.
Matt Dillon, Partner at La Salle Corporate who led on the deal, said:
“I am delighted to have advised Geraldine on the sale to Swanton Care. Geraldine has been an absolute pleasure to work with and she should be immensely proud of the business she has built. Not only from a business side, but the fantastic care she provides to the individuals. I wish her all the best with her future plans which include working as a consultant with Values in Care. Swanton Care were also great to work with and I wish them every success in the future with Values in Care.”
La Salle client and Values in Care owner Geraldine Butler commented:
"After 16 years of running and growing my own business the time came to sell, as anyone who has their own business will understand this was an extremely hard decision to make. I was supported through the process by Matt Dillon from La Salle Corporate. From my first meeting with Matt it was clear that I was in good hands. He helped me navigate my way through the selling process, providing clear direction and support along the way.
The fact that Matt made himself available to be contacted at any time was very reassuring, especially through some stressful negotiation periods. I made the right choice in choosing La Salle and highly recommend them and, in particular, Matt to anyone thinking of selling their business."
Hazel Phillips, a Partner in the Social Care team at Royds Withy King, said:
“It was a pleasure acting for Geraldine Butler and advising her on the sale of the business she founded and clearly cares so passionately for. I know it was important to Geraldine that the transaction was as seamless as possible and that the new owners had a proven track record in this highly specialist area of adult care. It’s clear that Values in Care will be in very safe hands and we wish Geraldine all the very best in her plans for the future”
Swanton’s values and ethos are very much aligned with those developed by Geraldine at Values in Care over the years and the Swanton team is looking forward to collaborating with the wider team at Values in Care and further expand its high-quality service provision.
Garry Cross, CEO of Swanton said:
“Values in Care is a great addition to the Swanton Group as it continues to expand geographically and across service lines. It underpins our ambition to build a leading care group in the UK with linked care pathways to better serve the needs of the people we support and commissioners. Swanton is now supporting c. 430 people across the UK.”