Somerset Care has acquired local domiciliary care agency, Way Ahead Care, for an undisclosed sum.
The provider, which is one of the largest not-for-profit care companies in the UK, said the deal will enable the expansion of community services in Somerset and Bath.
Somerset Care CEO Gary Ridewood, said: “By acquiring Way Ahead Care, Somerset Care is helping more people to live the life they choose at home. There are no plans to change working practices or service offerings at either business, and both organisations will continue to provide tailored support to those who need it.
“This is a positive step in Somerset Care’s strategy for growth, which enables the expansion of community care services in Somerset, Bath and North East Somerset.”
Established in the late 1990s, Way Ahead Care, a family-run business, has two prime Somerset locations and several home care contracts with local authorities, as well as extra care housing schemes.
Making the decision to sell the business, We Ahead Care directors said the time was right for the company to be taken under the umbrella of a larger organisation.
Simon Harvey, senior director at Christie & Co, which handled the sale, commented: “We carried out a confidential marketing campaign and received interest and offers from a wide range of purchasers. However, Somerset Care’s position as a trusted provider and its local reputation was key in them being selected as the preferred purchaser.
“Opportunities of this nature are rare in the market, and we were delighted to be able to achieve a positive outcome for all concerned. There remains strong appetite for a wide range of care businesses, and we are seeing this across the region.”