The Challenge
Sovereign Capital, the private equity buy and build specialist, engaged A4e Insight to undertake commercial due diligence of London Care plc. London Care is a leading provider of domiciliary care services in London, the South East of England and the West Midlands.
Sovereign needed rapid but thorough analysis of the domiciliary care market and London Care’s position within it, in the light of both current market conditions and likely prospects as demand for social care rises while growth in public spending starts to slow.
What we did
Our experienced team carried out detailed analysis of the social and domiciliary care macro-market and its prospects to 2014, analysis of London Care’s competitive positioning, and a detailed assessment of London Care’s business plan forecasts in the light of its contract pipeline and sales forecasts. We took particular account of changing market conditions in social care, including growing demand for care in all forms, the shift in provision from residential to domiciliary care and changes in the way local authorities are procuring social care services.
We were able to contribute both our general knowledge of the public sector and in-depth understanding of the social care market, and our experience of service delivery in the home care sector across A4e as a whole.
Partly as a result of our support Sovereign was able to complete successfully its planned investment in London Care, giving it a solid platform for its buy and build strategy in the domiciliary care sector.