Arnfield Care Limited operates a specialist independent school and two residential homes for children with challenging behaviour, in the care of local authorities.
It employs 50 people and provides care for 11 to 17 year-olds with complex needs and where crisis in their lives may also be a factor. The organisation operates from two residential centres in the High Peak: Arnfield Tower Activity Centre, an eight-bed home which supports emergency and crisis intervention and Greenfield House, offering medium-to-long stay placements for up to seven young individuals.
Strategic advised the founders and owners of the business, Paul and Trish Keenan, on valuation and deal structure, before presenting the proposed deal to its management team – Managing Director Paul Knowles, Senior Registered Manager Elaine French, and Head of Care Wayne Relf. Working closely with the management team, Strategic then led a successful fundraising project that was delivered by Allied Irish Bank.
“We are delighted to have facilitated the buyout of Arnfield Care – this transaction is a good example of vendors, management team, funders and advisors working collaboratively to achieve a great result.”