July 2020
August Equity LLP
Esland Care
Adviser to August Equity on their acquisition of Oracle Care & Education via Esland Care
£undisclosed
Grant Thornton team
Private sector healthcare
Buy side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised August Equity LLP, via their portfolio company Esland Care, on their acquisition of Oracle Care and Education.

Esland Care is a high quality provider of residential child care and associated provisions that offers bespoke, specialist services to local authorities in England.  

Prior to the deal, the business operated 26 homes in 14 different counties, looking after 60 children on behalf of 34 different local authorities. 

Oracle Care and Education provides therapeutically supported residential care and education for young people with complex needs.  

The business operates a hub-and-spoke model with 11 homes situated around two schools in Congleton and Bedford. 

Oracle offered complementary services to Esland and presented a great strategic fit to the business and their growth plans. 

Esland had submitted an initial offer when we were approached to advise on the transaction. 

We advised August Equity and the Esland management team, providing support throughout the transaction. We were chosen to project manage the process due to our strong knowledge and understanding of the dynamics within the specialist care market and track record of executing such deals.  

We assisted with the due diligence and final negotiations and helped maintain momentum throughout to ensure a successful outcome. 

Testimonial
We’d like to thank the Grant Thornton healthcare corporate finance team for their support and advice during the acquisition of Oracle Care and Education. Their understanding of the sector, along with their tenacity to find solutions throughout the process, enabled the deal to move as smoothly as possible during especially difficult conditions.
Garret Turley Partner, August Equity LLP