Hodge has completed a £15 million funding facility to assist the Management Buyout (MBO) of a specialist provider of high-acuity care for adults with learning disabilities.
The facility ensures the business is well capitalised and provides the headroom needed to deliver on their growth plans over the next five years.
A coordinated deal in under four weeks
With the support of legal and valuation advisors, Hodge delivered the £15m facility from start to finish in under four weeks. The speed and ease of the transaction reflects the strong collaboration between all parties involved and demonstrates what can be achieved, even against the backdrop of wider economic uncertainty.
Gareth Davies, senior business development manager for Hodge Bank, said: “It’s been fantastic working with this very experienced operator, and great to welcome them as a new Hodge customer. We were given three and a half weeks to deliver this facility and through some great teamwork, flexibility and a clear commercial outlook, we were able to get it done.”
Supporting the growth of care spaces in the UK
The client operates more than 80 high-acuity care spaces across the UK, where demand for beds continues to outstrip supply. While a modest operator in the UK market, they deliver high-quality care and strong outcomes for their residents.
The business also provides clear pathways for residents, including a step-down journey from full-time care into supported living. This approach not only supports better outcomes for individuals but also helps free-up essential high-acuity care beds and strengthen care pathways across the board.
