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Carewatch

The team has been instrumental in helping us strengthen in key geographical areas, which has enabled us to build a high quality national home care services provider.

Scott Christie, CEO, Carewatch

Read the full investment story

Business

Founded in 1993 with 150 branches nationwide, Carewatch provides home care services to local authority-funded and private clients.

This enables the elderly and people with learning disabilities or health requirements to remain independent.

Market

Demand for supported living services, which allow for community-based living and integration, continues to grow and is the preferred approach for local authorities.

Strategy

Carewatch was acquired from listed owners Nestor Healthcare in October 2008. In partnership with a new management team, our strategy has established Carewatch as a leading care provider in the UK by:

  • Investing in company infrastructure and operations to drive up care standards
  • Harnessing technology to improve processes and increase support to franchisees
  • Extending services for mental health, live-in care and the private pay market
  • Expanding geographical reach through carefully selected add-on acquisitions

“Since we took Carewatch out of public ownership we’ve implemented a structured and sustainable approach to expansion. The strategy is delivering the highest quality care.” Philip Buscombe, Chairman of Lyceum Capital

Developments

With our support Carewatch has:

  • Become the largest independent national provider of home care and assisted living services
  • Extended its branch network across the UK
  • Appointed Chairman Steve Ashton, who has held several senior roles at SAGA and the AA