7 February 2012
Press ReleasesThames Valley and South Coast accountants James Cowper Kreston client, City & County Healthcare has been named as one of The Sunday Times’ fastest growing private equity-backed companies.
City & County Healthcare was ranked in 36th place in The Sunday Times Buyout Track 100 report of the fastest growing private equity-backed companies in the UK.
City & County Healthcare provide community-based care and support services nationally and offer an outstanding track record in supporting people wishing to live independently in their own homes through the skills, experience and knowledge of their staff throughout England and Northern Ireland.
The company, backed by buy and build specialist Sovereign Capital, saw its profits grow at more than 50% to £5.9m. This has been achieved through exceptional organic growth and a selective number of targeted acquisitions.
James Cowper Kreston has provided acquisition advisory services to the Group for the last two years.
Stuart Williams, Senior Manager in James Cowper Kreston’s Corporate Finance team said: “I am delighted to see City & County in the Buy Out Track 100. The management team’s ability to drive organic growth as well as successfully integrating key acquisitions has been fantastic. We look forward to working with the business as it continues to grow.”
Mark Harrison, Group Finance Director of City & County adds: “This is excellent news and reflects a great year for the Group. We expect to continue to grow in the coming 12 months whilst further improving on what are already excellent service levels to our customers.”
Stuart Williams, Senior Manager, James Cowper Kreston LLP, Tel +44 (0118 9590261 or email swilliams@jamescowper.co.uk
