BGF has successfully exited its investment in leading care provider, CSN Care Group (CSN) to Clece Care Services, a national care provider currently operating successfully in more than 70 locations across the UK.
BGF invested GBP4 million in the Edinburgh-headquartered CSN in December 2020. It operates a national network of branches across the UK and its care brands include Carewatch, MyLife and New Directions.
The funding provided by BGF supported CSN to grow its network and pursue selected M&A opportunities. In the period since late 2020, CSN has completed four acquisitions in Glasgow, Welwyn Garden City and Horsham, in West Sussex.
