Team members involved:
Advanced Childcare is a specialist provider of residential care, education and foster care to young people with behavioural, emotional and social difficulties. The company has a long track record of delivering positive outcomes for “Looked After Children”, and of building successful partnerships with public sector commissioners.
Advanced Childcare was well-positioned to capitalise on the increasing trend of Local Authorities outsourcing care and education of vulnerable children to the private sector. The industry’s growing regulatory demands and tightening care standards further strengthened Advanced Childcare’s competitive position as a preferred provider. This was an opportunity to support an experienced management team to roll-out new residential homes, and to extend its services into foster care provision.
During the six years of our ownership, Advanced Childcare increased its number of homes from eight to 24, and became the largest provider of contracted beds to the public sector in its market. In addition, it built a successful foster care business. In parallel with this growth, the company achieved industry-leading quality ratings for its care and education. In 2011, the company was sold to GI Partners, generating a return of more than four times cost.Read more about our Healthcare strategy
Advanced Childcare has become the best-in-class provider, due in no small part to the high levels of support we received from the Bowmark team.Riz Khan, Founder