CFT Care Ltd Sold to Optimo Care Group

CFT Care Ltd, located in Clacton-on-Sea, Essex, has been sold to Optimo Care Group in a deal facilitated by Altius Corporate Finance.

CFT Care is a supported living and specialist care provider operating across 44 purpose-built units. The business delivers essential services to around 100 young adults with learning disabilities and autism, employing over 200 members of staff. CFT Care promote a personal approach centred around the needs of the individual, encouraging their residents to live independently and become active members of their local community.

Operating from three settings, Pallister House, Grove House and Willow House, CFT Care boasts an excellent reputation for providing high-quality care tailored to individuals’ needs. With modern facilities, a person-centred approach and a flexible range of support options, the business also offered a portfolio of support living development sites to support future expansion.

Alongside sister brand and specialist healthcare broker, Redwoods Dowling Kerr, Altius Corporate Finance identified a suitable buyer in Optimo Care Group. A leading care provider, Optimo is formed of three divisions offering supported living and specialist home care to young adults with additional complex needs and the elderly. The acquisition forms part of Optimo’s impressive growth plans over the next three years, and was their fifth with the Altius Group since 2022. Their previous acquisitions include Abbeycare in Sheffield and My Life Choice Ltd, also in Essex.

Optimo Care Group commented on the acquisition:

“The acquisition of CFT Care allows us to extend our reach and enhance our services, ensuring more individuals receive the compassionate and personalised care they deserve. We are thrilled to welcome the CFT Care team and look forward to collaborating closely to make a positive impact on the lives of those we support.

“I would like to thank Nathan Miller for his continued support, who yet again played an instrumental role in putting this together. In our experience Nathan’s role is integral in getting the transaction’s we have completed with ACF agreed between the parties and kept on course in an efficient manner through to completion.”

Corporate Finance Executive, Nathan Miller, extended his best wishes:

“I am extremely pleased to have completed another successful deal with Optimo, who have been a delight to work with over the past two years. I would like to pass on my sincere congratulations to both parties and look forward to working with them again in the future.”

Are you thinking of selling your business?

If you are considering selling your business and have any questions about what you may need to consider, then one of our experienced sales negotiators are always here to chat through any important points you may want to discuss.

Are you looking to buy a business?

Are you looking to purchase a business? The Altius Corporate Finance sales team are here to work with you. Perhaps you are considering entering a new market or expanding your presence within an existing one? Whatever stage you’re at Altius Corporate Finance has a wealth of opportunities that may be of interest to you.

The Impact of Interest Rate Cuts on M&A Activity

The Impact of Interest Rate Cuts on M&A Activity

Interest rates play a pivotal role in M&A activity, influencing the cost of capital, valuations and overall investment sentiment. Their impact resonates throughout the economy and shapes the strategies and decisions of corporations, private equity firms and investors.

Read More »

SUBSCRIBE & STAY UP TO DATE

Registered Office: Eaves Brook House, Navigation Way, Preston, PR2 2YP

© 2023 ALTIUS CORPORATE FINANCE

Interested in a Virtual Valuation?