22nd September 2021 - Limerston Capital LLP (“Limerston Capital”) is pleased to announce the acquisition by Limerston Capital Partners I, L.P. portfolio company Trinity Homecare Group Limited of Berkeley Home Health Limited.
Based in the Southeast of England, Berkeley delivers round the clock live-in, visiting and introductory care services across its three brands (Berkeley Home Care, Corinium Care and Fitzrovia) and ten regionalised branches, to customers all over the country. This enables countless people to remain living independently within the comfort of their own homes and together with Trinity Homecare, will create a nationwide offering of excellent home care.
Berkeley’s mission to enrich quality of life by providing heartfelt home care and support through life’s journeys has earned the company a reputation as an industry leader. This has been proven time again by the numerous awards won for their excellent home care services and consistent rating designations of “Good” and “Outstanding” by the CQC.
Martim Avillez, Founding Partner at Limerston Capital, said “The acquisition of Berkeley Home Health is another key milestone in Limerston Capital’s investment in the private pay home care market. By combining Trinity Homecare Group’s outstanding regulated home care business with the impressive scope and footprint of Berkeley Home Health, we will create a leading home care platform with national reach. We will continue to support the businesses to deliver outstanding customer service and to grow both organically and through further acquisitions”.
John Cahill, CEO of Trinity Homecare Group commented “I am delighted that the acquisition of Berkeley Home Health after the acquisition and successful integration of Trinity Homecare in August 2020 puts the group in a unique position in the private pay homecare market in the UK. We jointly share the strategy and vision of providing care and support where we believe it is safest and best delivered for our valued customers - in their own homes - through investment in our carers and innovative technology. We look forward to working with the Berkeley team to deliver further growth in the coming years together with Limerston Capital”.
Trinity Homecare Group was advised by CMS Cameron McKenna Nabarro Olswang LLP and Ernst & Young LLP (M&A, financial due diligence and tax).
For more information, please contact:
Martim Avillez, Limerston Capital Founding Partner
martim.avillez@limerstoncap.com +44 (0)203 897 1860
Media:
Caroline Villiers cvilliers@keplercomms.com +44 (0)7808 585184
Charlotte Balbirnie cbalbirnie@keplercomms.com +44 (0)7989 528421
About Limerston Capital
Founded in 2015 by James Paget, João Rosa and Martim Avillez, London based Limerston Capital pursues control investments in UK mid-market companies and seeks to create value through the firm’s buy-and-build and operationally focused model. The firm targets businesses with EBITDA of between £5 million and £15 million that have a solid value proposition, but have potential for operational improvements, have mispriced underlying returns on capital and provide opportunities for strategic repositioning via consolidation.
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