Herefordshire specialist care business sells to national group

Published by

Nicky Godding

A Herefordshire residential and supported living care business has been sold to Bracknell-based Choice Care.

Inspiration Care, based in Leominster, was established in June 2007 by Martyn Titcombe and Karen Kenny and provides care for clients in The Marches area between Ludlow in Shropshire and Hereford.

The corporate finance team at national audit, tax, advisory and risk firm Crowe advised Inspiration Care's owners.

It has been acquired for an undisclosed sum by Choice Care Group, one of the UK’s foremost specialist care providers, operating over 60 residential homes and a variety of supported living services across the South, the South West and the Midlands.

Chasz Coulsting, associate director in the Crowe corporate finance team, said: “We were first engaged by Martyn and Karen a few years ago through an introduction from their lawyers.

“It has been a pleasure to assist them with the ultimate sale of Inspiration Care to Choice Care Group, acting as lead corporate finance adviser on the deal."

Martyn Titcombe, a director of Inspiration Care, said: “I was relieved when we were introduced to Chasz from Crowe, as it took tremendous pressure off us.

“He worked closely with our solicitor to ensure a fair and just outcome on our behalf."

Andy Kay, corporate finance partner at Crowe, said: “This is a wonderful result for all parties. The Midlands corporate finance market has been increasingly active for a number of months now, and we are anticipating a surge of interest in acquisitions as the economic recovery from the coronavirus pandemic gathers pace through 2021.”

Inspiration Care was advised by Penelope Sankey of HCB Solicitors and Choice Care was advised by Acuity Law and accountants Hazlewoods.

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.