Magnolia Care Sold to An Aspiring First Time Buyer

Redwoods Dowling Kerr is delighted to announce the sale of Magnolia Domiciliary Care Agency in Nottingham.

Redwoods Dowling Kerr was approached by the owner of Magnolia Care, Mr. Steven Watts who wanted to discuss the potential sale of his business. After successfully running the domiciliary care home for many years, he had decided that he wanted to enjoy his retirement, which ultimately led to the decision to sell the business.

Redwoods Dowling Kerr is the UK’s leading healthcare broker and as a result, could advertise Magnolia Care to the perfect audience. The very first viewing of the business was followed quickly with an offer to acquire Magnolia Care. Mr. Watts was more than happy with the final offer and the prospective buyer, Ms. Simone Moore.

Ms. Moore is a first-time buyer in the healthcare sector and she chose Redwoods Dowling Kerr to purchase her first business because she knew how well renowned they were. Ms Moore has previously worked within healthcare and brings with her a wealth of industry knowledge. Her initial attraction to Magnolia Care was due to the increasing growth of the healthcare sector, Ms Moore is confident that her experience combined with the booming healthcare market will be a recipe for success.

Magnolia Care is a well-established and highly respected domiciliary care agency in Nottingham. The business began trading eight years ago and has earned a fantastic reputation for offering a wide range of quality care to their clients. The business delivers in the region of 100 hours of weekly care, with a minimum visiting time of 30 minutes. The most popular offering that they provide is a tailor-made package that can extend to 24/7 care, including weekends and holidays. Magnolia Care specialises in providing both long and short-term domestic care for adults which includes; end of life care, learning disabilities, mental health issues, dementia, meal preparation, and companionship.

Mr. Watts commented on his experience saying that; “A fantastic service offered from start to finish in selling my business. Professional, punctual, available to answer questions, concerns and excellent communication. Asif, who dealt with our sale has been with us every step of the way and overall it’s been a very positive experience, we couldn’t have asked for more. I wouldn’t hesitate to use Redwoods Dowling Kerr in the future should the need arise, thanks very much for an excellent service!”

Ms. Moore commented on her experience saying that; “Excellent service from Redwoods Dowling Kerr and Asif, he made the whole experience of purchasing the business straightforward, making me feel at ease when answering my questions. A high standard of service was delivered from start to finish. I would recommend Redwoods Dowling Kerr and I look forward to using their services in the future.”

Asif, Senior Healthcare Negotiator; I am very pleased to have completed the sale of this unique domiciliary care business. I wish our client Mr Watts and Ms Moore all the best for the future.”


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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 of delivering successful sales, constantly striving to surpass the expectations of our clients.

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