August Equity LLP portfolio company, Enara Group Limited, has today announced the completion of its 30th acquisition, following two recent acquisitions. Enara, a domiciliary care provider, has acquired Colvin Nursing Agency Ltd and Longacre Homecare Limited.
Colvin is based in Hampstead and provides nursing, personal and domiciliary care to clients in north and central London. Longacre provides domiciliary care in West Sussex.
August Equity initially invested in Enara in 2008, when its managed funds committed £23 million to fund the buy-and-build strategy. The business embarked on an ambitious acquisition plan and is a now a leading provider of domiciliary care in the south of England and Wales. The business remains firmly committed to quality care with 100% of its branch offices rated good or excellent by the Care Quality Commission and the Care and Social Services Inspectorate Wales.
Andy Dun, CEO of Enara, said: “We are very proud to have reached the 30th acquisition milestone. Both of the latest acquisitions are highly regarded in terms of their quality care provision and we are delighted to include them as part of the Enara Group. They will be integrated with our existing businesses and cement Enara’s market leading position in the south.”
Commenting on the acquisitions, Aatif Hassan of August Equity, said: “The management team at Enara has performed exceptionally well to achieve this milestone. Enara has been transformed from being a small domiciliary care provider to the leading provider in the south. It continues to grow the business organically and through acquisitions and is currently in exclusivity with a number of businesses which should complete with the next month or so.”