Enara was initially backed by August Equity back in 2008 and has since gone on to make a number of complementary purchases. Together with an acquisition facility from HSBC, the firm has committed £53 million to aid Enara’s M&A growth.
Its latest deal sees the home care business bring Angels Care Services into its operations. South Wales-based Angels provides care to areas such as Cardiff and Newport and is said to specialise in home care to the elderly and those suffering from Alzheimer’s and dementia.
Enara has also recently completed the acquisitions of Training and Care Solutions Essex, Extracare and Home Comforts.
Andy Dun, CEO of Enara, says, ‘We are proud of the recent additions to the Enara Group. The businesses are well established in their regions and are renowned for the high quality of their services.
‘We continue to consolidate within the fragmented domiciliary care market to enhance our service offering and geographical coverage.’
The management team of Enara is led by deputy chairman Stephen Booty and Dun. Charles Auld was introduced by August Equity as chairman. He is the ex-chairman of Healthcare Homes Group and formerly CEO of General Healthcare Group.
Aatif Hassan, partner at August Equity, adds, ‘We continue to see attractive acquisition opportunities for the group which will enhance its […] position in the South of England and Wales.’