Limerston Capital Partners acquires Patricia White’s and Country Cousins
Limerston Capital’s Limerston Capital Partners I has acquired Patricia White’s and Country Cousins from Saga Healthcare Limited, a subsidiary of Saga plc.
The Businesses are two well established brands combining to form one of the UK’s largest private pay introductory live-in home care agencies.
Based in Redhill, England, the Businesses are focused on private pay, live-in care agency services, with over 2,700 registered clients, 690 of which are currently receiving care services. Both Country Cousins and Patricia Whites offer a flexible and unique approach though their respective carers to enable clients to remain in the comfort of their own homes.
James Paget, Founding Partner at Limerston, said “I am delighted we have been able to acquire Patricia White’s and Country Cousins, which we identified as strong brands to establish a presence in the attractive private pay home care market. We are looking forward to working with John Cahill and his team to invest in the Businesses, continue to deliver outstanding customer service and to grow the company, both organically and through acquisition opportunities”.
John Cahill, CEO of Patricia White’s and Country Cousins, says: “We are delighted to be partnering with Limerston Capital and look forward to working with them to help build further on our company’s strong heritage. Across the Country Cousins and Patricia White’s businesses, we have a very capable and driven team who have company success at the heart of everything they do, ensuring that we match the best carers, equipped to deliver the best care, to our valued client base. Our growth strategy is premised on our expertise in providing agency services, which we look to build upon with further investment in systems and people. The Businesses are in a fantastic position to deliver further growth in the coming years working with the experienced team at Limerston Capital”.
Limerston Capital was advised by CMS Cameron McKenna Nabarro Olswang LLP, PricewaterhouseCoopers LLP. Shawbrook Bank Limited provided bank financing, Simpson Thacher & Bartlett LLP advised Limerston Capital on the financing.