Major acquisition announced by learning disability residential care provider Voyage Care

Last Updated: 23 Apr 2012 @ 00:00 AM
Article By: Richard Howard, News Editor

Voyage Care, specialists in care for people with learning disabilities and complex needs such as brain injuries, have announced the acquisition of Solor Care Group.

Made possible thanks to an equity injection from majority shareholders HgCapital and SL Capital Partners, the transaction sees a significant expansion of the Voyage portfolio throughout England, especially in the South East.

Chief executive Bruce McCendrick spoke of the company’s determination to overcome the turmoil in the care sector: “Despite current fee pressure and regulatory challenges in the care sector, demand for specialist, high quality residential care will continue to be strong. The additional capacity provide by the Solor Care services positions us well to meet that demand.

“Voyage’s business growth and its reputation have been underpinned by an unwavering focus on our people and the quality of care we provide. This is wholly consistent with Solor Care’s approach and is why we are so excited by this acquisition. It allows more people to benefit from the high quality care Voyage provides, broadens the career opportunities for our people and delivers financial benefits for our investors over the long term.”

Solor Care’s 92 care services include many services registered for children, complex healthcare and nursing, and also supported living. The acquisition increases the number of residential services available from Voyage Care to 363, numbering more than 2,300 beds in total; the care provider is now second only to Four Seasons Health Care and Bupa for the number of care homes it has registered in the UK.

Image: Voyage chief executive Bruce McCendrick