Careforce acquires Keycare

Posted on October 1st, by editor in Caring Times. No Comments

Major homecare provider Careforce has acquired Keycare Services Ltd for £1.25m. Keycare operates from offices in Workington and Carlisle, servicing block and spot contracts for Cumbria Social Services, as well as a number of private and PCT clients. The business currently provides about 2,800 hours of care per week and employs about 130 carers. Keycare accounts for the year ended 30th April 2006 show sales of £1.9m and pre-tax profit of £95,000. Careforce chief executive Mike Rogers said keycare enjoyed a strong reputation for delivering quality services, and this was a philosophy which prevailed across his company’s existing branch network. “This is our eighth acquisition since listing on AIM in November 2004,” said Mr Rogers. “These acquisitions have added 14 branches to our network, which now stands at a total of 29. The acquisition also complements our geographic area of operation, which now extends from the South East of England, through the East Midlands, Yorkshire, Cumbria and the North West

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