Having opened 12 new services during the past 12 months, the Regard Group – the UK’s fourth largest private care-provider in the learning disabilities and mental health sector – now reports that it has acquired nine new services and expects to expand organically as well by opening and filling a further dozen within the next year.
The organisation’s EBITDA have grown 76% since 2014, due to a combination of organic growth, new openings and their merger with ACH.
The 12 established new services all have all filled very quickly, and management attributes this success to their careful monitoring of and targeted response to relevant local authorities’ demands.
The Regard Group recently secured the title of ‘Specialist Care Provider Of The Year 2017’ in the HealthInvestor Awards, ‘impressing’ the judges with the innovation and excellence demonstrated by its investment team, and in the quality of the care the organisation provides to the people it supports – described as ‘the best care for adults with learning or physical disabilities or mental health problems.’
Regard currently supports 1066 individuals across the country – a new record for the care-provider – and has introduced 110 new beds in the last two years as a result of new services opening.
Founded in 1994, the organisation employs over 2,400 direct care staff to support their service users who have learning disabilities, mental health needs and/or acquired brain injuries, helping them to live their lives to the full and as independently as possible.
This growth has now been further consolidated with the acquisition by Regard this month (July 2017) of Shropshire care group Adelphi Care Services, whose nine specialist residential and supported living services will boost the Regard Group’s total to 159 services nationwide.
Regard’s CEO, Sandie Foxall-Smith, said: “These statistics reflect that we are not only an excellent care-provider, but also a sound commercial business.
“Our guiding principle is that everything we do should come together to ensure we are continuously enabling the people we support and care for to lead more fulfilled lives, at the same time providing a rewarding working environment for our employees, within a business structure which is well-managed and prudently financed.”