Star Capital Partnership, a UK-based private equity firm focused on asset-based businesses in Western Europe, has acquired the Glenholme Specialist Care Division (Glenholme SC) from Glenholme Healthcare Group, a UK-based care provider. Glenholme SC provides specialist care services for working-age adults with learning disabilities and other complex needs in supported living and residential care facilities in England.
Star will become majority owners alongside the founder and CEO, Don Serratt. It is joined by Mel Ramsey as chair.
Providing indispensable, long-stay, non-cyclical, and asset-backed services from 22 freehold locations, Glenholme fits into Star’s “Essential Services” investment theme, a sector that represents a core segment of the UK’s social infrastructure.
“The combination of long-term care quality track record, and successful in-house development of new asset-backed services, provide an attractive investment opportunity in this growing and critical segment of UK social infrastructure,” said Mark Coxall, partner at Star Capital.
Baird acted as exclusive financial advisor to Glenholme Group.
Press release: STAR acquires Glenholme SC | STAR Capital Partnership LLP
