Cera Care’s growth strategy is continuing at pace with the acquisition of CRG Homecare and Allied Healthcare, for an undisclosed sum.
The latest deal follows the homecare technology company’s announcement in August that it would be expanding into nursing services across its UK network. In September last year, it acquired Mears Group’s domiciliary care business in Scotland, following deals for its operations in England and Wales in February 2020.
‘We’re hugely excited to have completed the acquisition of CRG Homecare and Allied Healthcare, and to be welcoming them into the Cera family,’ said Igal Aciman, Cera’s chief commercial officer.
‘This deal provides us with an ideal springboard through which to accelerate our growth throughout the UK, as well as to recruit more professional carers and nurses and, most importantly, reach a greater number of older and vulnerable people.’
Prior to the latest deal, Cera employed 6,000 people in more than 70 locations.
CRG is part of a wider organisation Health Care Resourcing Group (HCRG), which prior to the deal comprised of HCL, Allied, Team 24, CER, Monarch Education and Jigsaw Medical.
CRG Homecare, which sat under the CRG brand, provides more than one million hours of care every year, offering basic personal care through to more intensive support covering learning disabilities, autism and mental health.
In 2018, Allied Healthcare joined HCRG after becoming the sector’s largest failure when the company went into administration after several years of financial stress stemming from the government’s post-crash austerity policies and pressure on prices and margins from local authorities, according to LaingBuisson’s Homecare and Supported Living report.
HCRG tripled its revenues to £139.6m with the acquisition out of administration of the business and assets of Allied.