Daybreak Support Services is a highly respected domiciliary care agency situated in Norfolk.
Founded in 1998, the business has developed an excellent reputation for its high standard of care provision and has grown from strength to strength. Care is available through supported living for up to 20 adults with learning disabilities. A fantastic asset to the company is the highly qualified staff with many years of experience behind them, they provide care 24-7 in short or long-term packages.
The vendors’ decided to offer the business for sale due to their wish to retire. Once on the market, the business received a generous amount of interest from potential buyers, however, the successful buyer was National Care Group Limited.
National Care Group Limited has already acquired two care settings through Redwoods Dowling Kerr this year, Sunnyfield Support Services and Without Barriers. The buyer’s interest to the sector came from their ambition to increase their market share within the supported living sector. The buyers plan to raise the standard of the homes through renovations and to maximise the occupancy and capacity at each of the homes.
National Care Group Limited commented on their experience: ‘I would like to thank Redwoods Dowling Kerr and in particular Joshua Higham, for the excellent service offered throughout our purchase of Daybreak Support Services and the associated properties’.
‘Once we had a deal agreed for the purchase, Josh was able to effectively facilitate the deal and ensure that the process moved forward smoothly, mediating between ourselves and the vendors and working closely with solicitors to ensure we got to point of completion as quickly as possible’.
‘We would be very happy to work with Joshua again on future deals as we recognise the importance of having a broker involved who is prepared to follow the progress of the deal closely, ensuring that all parties are committed to their requirements and that a sale is achieved without any major issues’.
Joshua Higham, Sales Negotiator commented: ‘All in all, this was a very satisfying deal to have closed’. ‘After a lot of hard work in analysing and quantifying the value of the opportunity, we managed to achieve a very pleasing figure for our vendor which far exceeded her expectations. I am sure she can now go and enjoy her retirement knowing that she gained a very good deal for the sale of her business’.
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Redwoods Dowling Kerr
Redwoods Dowling Kerr, part of Altius Group, is the specialist broker dealing in Childcare, Healthcare, and Kennels & Cattery sectors. Altius Group is a market leader in business sale transactions for small to medium size enterprises. The group includes some of the most well-respected and leading business brokers in the marketplace. Altius Group offers a sector-specialist approach, tailored to the requirements of our clients. With over 40 years’ experience in business selling we have a proven track record in delivering successful sales, constantly striving to surpass the expectations of our clients.
Name: Laura Ashcroft
Position: Marketing Executive