SOLD TO:

Undisclosed

INDUSTRY:

Care and Nursing

Abbey Home Care is a leading UK-wide operator of care homes, with the company specialising in a wide range of residential care packages.

Abbey Home Care is a leading provider of UK-wide care home, residential home and nursing home services. Avondale was able to generate a high number of interested parties in launching a marketing campaign on behalf of owner Jayne Lee.

Though this ensured a competitive marketplace for the sale of the business, team decided on working with a company previously known to us. This was largely a result of Avondale knowing the necessary funding was in place and the company’s valuation methods were appropriate and reliable. Avondale arranged a meeting between the buyer and Mrs Lee and an offer was placed shortly after.

Avondale worked closely with the client’s accountant and solicitor, collated the necessary information required for Due Diligence and the Heads of Terms to be agreed, after which the transaction moved swiftly through the legal stages of completion. The process came to a smooth completion within just two months, and cash was paid on completion. Mrs Lee stated she was thoroughly impressed and extremely happy with the result delivered by Avondale.

I knew as soon as I met Avondale’s team that I would be making the right choice compared to the other advisors I had met with.
Jayne Lee, founderAbbey Home Care

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