A trio of investment firms have acquired Voyage Care in a £375 million deal.
The Lichfield-based company, previously owned by private equity firm HgCapital, has been bought by Duke Street, Partners Group and Tikehau.
Voyage Care provides specialist residential services and supported living for people with learning disabilities, associated physical disabilities, autistic spectrum disorders, acquired brain injuries or other complex needs.
The majority of people supported by Voyage Care typically require high levels of support throughout their lives and it operates homes in Birmingham, West Bromwich, Solihull and Walsall among others across the West Midlands as well as sites across England, Scotland and Wales.
Under HgCapital's ownership, it has grown to a business with approximately 8,500 employees, supporting over 2,000 people across 290 care homes as well as supporting approximately 1,000 individuals in supported living and their own homes.
Chief executive Kevin Roberts said: "We are very excited about the new partnership.....the combined network and sector experience of our new partners provide the ideal platform to support us in further expanding our service offering throughout the UK while ever improving our quality standards for the people we are privileged to support."
Philipp Schwalber, a director in HgCapital's services team, added: "We wish Voyage Care every success under its new ownership.
"HgCapital is proud to have supported Voyage Care in becoming a quality leader in its market and invested in its growth."
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