Shrewsbury-based care provider taken over by major industry player
A care group which provides services for adults with learning disabilities, autism and challenging behaviour has been acquired by one of the UK's largest businesses in the sector.
Adelphi Care Services which has its headquarters on Shrewsbury Business Park is to become part of The Regard Group, the UK’s fourth biggest care provider.
It will see nine specialist residential and supported living services in Shropshire become part of Regard, including a number around Wem and Bomere Heath.
It takes Regard's staff numbers to more than 2,200 at 150 sites around the country. The organisation currently supports more than 1,100 people.
Carterwood, the specialist property agents dedicated to the care sector, were instructed by the shareholders of Adelphi Care Services to seek a buyer for the business and played a key role in facilitating the acquisition by Regard, which comes at a time when it is already experiencing significant organic growth.
Regard has opened 12 new services within the past 12 months – all of which filled quickly – with a further 12 new openings planned by mid-2018.
Sandie Foxall-Smith, chief executive officer of Regard, said: “We believe that Adelphi shares our values of putting the people we support at the centre of everything we do.
“We fully understand how important continuity of care is for them and their families, and are looking forward to welcoming them into The Regard Group.
“Despite the market being very tough at the moment, Regard is growing steadily across the country – both occupancy-wise and business-wise – due in no small part to the way we monitor and respond to regional demands.”
Regard regional director Kay Beacham is leading the team that is helping to ensure a smooth transition for the Adelphi services as they are incorporated into The Regard Group.
Tom Hartley, principal agent at Carterwood, said: “All parties involved have worked extremely hard to achieve a successful completion of this acquisition and we are pleased to achieve a good outcome for all.”
The takeover will give Adelphi access to a portfolio of specialist in-house services, such as Regard’s benefits team and positive behaviour service, which are aimed at improving the quality of life for the people the group supports.
