Care home and supported living services operator Envivo has acquired Cardiff-based nursing care provider Crusader Medical Care.
Grant Thornton’s Cardiff Corporate Finance team and Capital Law advised on the deal with Grant Thornton also providing tax advisory services.
Crusader provides care for those with highly acute, complex care needs and challenging behaviours, including mental illness and acquired brain injury.
Envivo operates a number of residential and nursing care homes and supported living services throughout the UK, including a number in South Wales, through its Fieldbay brand. Envivo, which is headquartered in Cheltenham, was supported in the transaction by Civitas Investment Management, a leading investor in specialist healthcare real estate in the UK.
Crusader Medical Care founder and director, Vincent Ashley, commented: “Our business has developed a strong reputation for care quality and its commitment to our residents and staff. It was important that a suitable acquirer was found that would continue to operate the business in this manner and I believe that Envivo fits the criteria perfectly.”
Paul Mariner, Executive Chairman at Envivo, said: “We are delighted to have partnered with Civitas to acquire Crusader Medical Care. Crusader is a well-respected, high quality care provider that will be supported by Fieldbay, led by Paula Lewis, which has homes across South Wales. We are looking forward to working with the Crusader management team to invest in systems and infrastructure to further enhance their quality, and to achieve excellent outcomes for the people the group supports, as part of the wider Envivo family.”