Team members involved:
Regard is a leading provider of care and residential services to people with a learning disability. The company has a long track record of achieving positive outcomes for its service users, and of helping people with complex needs achieve their full potential by enabling them to become more independent.
Demand for specialist care for people with learning disabilities and challenging behaviour is growing, and there is a continuing trend of public sector outsourcing to independent providers. At the time of our investment, the industry’s growing regulatory demands were putting pressure on smaller operators, providing scope for consolidation, and this was an opportunity to support a leading provider in pursuing an ambitious acquisition-led growth strategy.
During the three years of our ownership, Regard made eight bolt-on acquisitions and increased its number of homes from 60 to 101. This included a transformational merger in the north of England, which spearheaded the company’s geographic expansion. Regard achieved this growth while delivering excellent ratings for the quality of its care. In 2007, our investment was successfully realised as part of a secondary buyout of the business.Website: www.regard.co.uk Read more about our Healthcare strategy
Bowmark’s sector knowledge and participation at Board level enabled the business to respond quickly and decisively to opportunities as they arose.Roger Storey, Chairman