The Eagle House Group, a provider of educational and care needs of children and young adults, has completed a re-financing that has enabled it to buy a children’s therapy practice.

The Eagle House Group, a provider of educational and care needs of children and young adults, has completed a re-financing that has enabled it to buy a children’s therapy practice.

The group has added the London Children’s Practice to its portfolio after agreeing a financing deal with Richard Hornsey and Allied Irish Bank.

Eagle House’s chief executive, Paul Conrathe, said: “We have now entered an exciting phase of the group’s development. It is our vision to become a leading provider of care and education services for children and young adults with autism and we have assembled a highly specialist and innovative team to make this vision a reality.

“The expansion and development of the London Children’s Practice will not only reinforce our position as the largest UK therapy provider but will, for the first time, offer a full and comprehensive range of services in one very specialised practice,” he added.

The London Children’s Practice has joined a group that consists of Eagle House School Mitcham Day, Eagle House School Norfolk Residential, The Little Group Nursery and Eagle Life College that opened in September. Its Kestrel House School is due to open in January.

Eagle House was advised by the Cheltenham-based corporate finance team of chartered accountant Hazlewoods.

The firm’s team was led by partner Norman Webber who was assisted by Simon Williams and John Lucas.

The acquirer received legal services from Rod Thomas of Harrison Clark who was assisted by Arpinder Dhillon, while Maxwell Winward LLP represented the vendor.

Maxwell Winward’s team was led by head of corporate Ian McIntyre, who was assisted by Kevin Curry.

Ian McIntyre said he has advised several companies in the high tech and medical sectors and has advised the vendor for several years.

“The vendor, Mrs Harland, remains professionally involved but has the benefit of becoming part of a successful and growing group with wider ranging interests,” he added. “The timetable was quite challenging and it was good that all professionals were able to work together to get the deal finalised in accordance with both clients’ wishes.”

The London Children’s Practice is the largest independent children’s therapy provider in the UK and has three practices.

Its services include speech and language therapy, occupational therapy, physiotherapy and educational psychology among others.