Advertisement


Advertisement
Advertisement
Accounting Firms

FRP advises Provide Community on latest acquisition

The recent acquisition of React Homecare, a domiciliary care provider to adults of all ages, is the latest of several acquisitions

FRP Advisory has advised Health and social care enterprise Provide Community Interest Company (CIC) on its acquisition of Nottinghamshire-based React Homecare.

Provide Community is an employee-owned CIC delivering a wide portfolio of health and social care services in hospitals and community care settings.

Provide Community became a CIC in 2011 and has since grown from £40m in revenue to £75m revenue currently, through both organic growth and acquisitions, employing around 1,000 people.

The recent acquisition of React Homecare, a domiciliary care provider to adults of all ages, is the latest of several acquisitions. React Homecare has a network of eight local offices in the Midlands and Yorkshire, helping Provide grow geographically outside the South East.

Chris Adlam, partner at FRP Corporate Finance, said: “It is a pleasure to be able to work with an organisation with similar values to our own and to support Provide’s ambitious growth plans as it works to develop a wider portfolio of services across healthcare, social care and digital healthcare solutions.

“This latest acquisition complements Provide’s existing operations and means the organisation is well-placed to roll out its high-quality care, for the benefit of the communities it serves whether in hospitals, clinics or service users’ homes.”

Show More
Back to top button