Independent buy and build investment group Tristone Healthcare has announced the acquisition of South West Intervention Services Ltd (SWIS) to extend its footprint in the social care sector.
The acquisition of the South West provider, which is headquartered in Buckfastleigh, will broaden Tristone’s geographical reach, as well as adding new specialisms to the investor’s expanding portfolio.
SWIS provides bespoke learning packages to young people who may be at risk of exclusion from education, as well as a variety of support services for vulnerable children and young people. These include intervention, emergency crisis, family support, supervised contact, and enabling activities.
The provider, which currently supports 120 individuals and employs 35 people across the region, works to re-engage children in education, with an emphasis on attaining their English, Maths and Science, while also strengthening their ability to manage behaviours.
Tristone founder and CEO, Yannis Loucopoulos, said: “The acquisition of SWIS marks another significant strategic milestone for the business, as we look to strengthen our position in the social care sector. Not only does it add a new service stream to our portfolio, which will be mutually beneficial for all our children-focused providers, but it also extends our reach in the South West, broadening our geographical footprint.
“As with all businesses within our community, SWIS prides itself on delivering best-in-class social care services and achieving outstanding outcomes for the individuals in its care, making it a natural fit for our values-led proposition. At the same time, SWIS demonstrates all the hallmarks of a provider that has significant, long-term growth potential.”
Nikki Buckler and Becci Howie, who manage SWIS, will remain in the business as part of the deal. Nikki said: “We’re delighted to be part of the Tristone Healthcare business community, as we strive collectively to improve and enrich the lives of vulnerable children and young people.
“With the expertise and support of Tristone, our aim is to achieve sustainable growth, while unlocking value within the business and ultimately helping more individuals who need support and education.”
Tristone Healthcare’s strategy is to acquire and build high-quality businesses with strong fundamentals, delivering outstanding care and support to vulnerable people who need it most. The team has quickly built a reputation in the market for its specialism to acquire and grow outstanding social care companies.
https://tristonehealthcare.co.uk