Sovereign Capital acquires London Care for £18m

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

UK private equity firm Sovereign Capital has acquired London Care, one of the biggest homecare businesses in the UK, for £18m.

Operating from 13 sites across the UK, including 11 offices in the South East, the company provides more than 30,000 hours of personal support per week to vulnerable people in their own homes, mainly under contract to local authorities and primary care trusts.

Established in 1995, London Care employs 1,500 staff, including 1,400 care workers, enabling those who have physical or psychological needs to manage their daily lives. In addition to assisting elderly people in their own homes, carers also support those with mental health needs as well as children and adults with learning disabilities.

Sovereign is bolstering the management team, led by Angelo Rombo as managing director, with the appointment of Robbie Burns as chairman and Mark Harrison as finance director. Mr Burns has specific experience of the homecare sector having been chief executive of Cl

Comments are closed.

Latest blog posts

It’s a hard, hard world

By Caring Times editor GEOFF HODGSON

A recent survey has found that 63% of the general public believe the NHS provides social care and 42% think...

Sign-up and pay, or perhaps pay more

By Caring Times editor GEOFF HODGSON

There are powerful arguments why carers working at night in small specialist care facilities should be paid their full hourly...

The parallel universes of social care

By guest blogger JOHN BURTON

The Care Quality Commission’s adult social care ‘productivity’ dipped in August and for the umpteenth time the 90% target of...