Aatif, who joined August Equity in 2005, has worked extensively on the development of our buy-and-build strategies and the Active Assistance, Funeral Services Partnership, Enara and Lifeways Community Care investments.
David, who joined August Equity in 2008, has worked on the recent Funeral Services Partnership investment and the exit of Hat Trick Holdings.
Philip Rattle, partner, said: “We are delighted with the recent developments across the investment team. The promotions of Aatif and David demonstrate our commitment to the development of our investment team and ensure we are well placed for continued growth.”
For further details of the team developments contact Philip Rattle at philip.rattle@augustequity.com
The six new acquisitions are; Village Homecare, Somebody Cares, Community Careline Peacehaven, Care 4 Agency, Homelink Care Services and Capital Care.
August Equity initially announced the buy-and-build in November 2008 and since then Enara has completed 23 bolt-on acquisitions.
Commenting on the acquisitions, Aatif Hassan of August Equity, said: “The domiciliary care market is extremely fragmented and Enara has been able to acquire some very high quality businesses which has enabled strong market expansion. The new acquisition facility will allow the continued expansion and the development of additional service offerings.”
Stephen Booty, CEO of Enara, said: “Enara’s overriding aim is to create a domiciliary care provider that is synonymous with quality and to provide a high level of service to our clients. The latest acquisitions are all well regarded domiciliary care providers and we are delighted to have them as part of the Enara group.”
For further details on the acquisitions contact Aatif Hassan at aatif.hassan@augustequity.com
Hat Trick is one of the UK's leading independent television production companies, specialising in comedy, drama and light entertainment programming. Hit television series include Have I Got News For You and The Armstrong and Miller Show.
Richard Green, chairman, said: “We are pleased to have been able to obtain an exit and a satisfactory return on the investment in Hat Trick. Hat Trick is an extremely innovative production company with a highly talented team. We are sure they will continue to produce very successful program formats and we wish them well for the future.”
For further details of the exit contact Richard Green at richard.green@augustequity.com
Clover Care is based in Lancashire and provides supported living for young adults with learning disabilities and challenging behaviours.
HSS is based in Inverness, Scotland, and operates a supported living service predominantly for young adults with learning disabilities.
The acquisitions capped off a strong end to 2009 for Lifeways which was recently shortlisted for Specialist Care Provider of the Year at the HealthInvestor
Awards as well as being listed in The Sunday Times Buyout Track 100, the network of Britain’s top private companies.
For further details of the acquisitions contact Philip Rattle at philip.rattle@augustequity.com
The magazine incorporates sections dedicated to the environment, history, science, space, technology and transport. A companion website, www.howitworksdaily.com, has also been launched.
Sam Watkinson, partner, said: “How It Works has begun with a strong launch and is already building a loyal customer base. The launch shows the creativity behind the Imagine team who continue to produce innovative
magazine formats.”
For details on the launch contact Sam Watkinson at sam.watkinson@augustequity.com
Rixonway’s recent donation is the latest activity in its corporate social responsibility programme.
Nick Greenall, Operations Director at Rixonway, said: “Rixonway is dedicated to all aspects of community regeneration, including worklessness and homelessness, as tackling these issues is essential to creating sustainable communities.”
Rixonway has recently been listed in The Sunday Times Buyout Track 100, the network of Britain’s top private companies.
For more details of the project contact Philip Rattle at philip.rattle@augustequity.com
Enara has been shortlisted for the Domiciliary Care Provider of the Year and Lifeways for Specialist Care Provider of the Year. The winners will be announced at the award ceremony in the Hliton Park Lane on 27 May 2010.
For more details of the nominations contact Aatif Hassan at aatif.hassan@augustequity.com