News
Carewatch Care Services
We have successfully completed negotiations for the sale of Carewatch, our social care franchise business, to Lyceum Capital for £37m.
The purchaser is a new company formed for the purposes of implementing this transaction and is ultimately controlled by Lyceum Capital, a private equity partnership focused on investment in UK mid-market businesses and consumer services.
We believe that now is the right time to realise the significant value created in Carewatch. We are pleased that we have achieved a positive outcome for Carewatch Care Services, the continuing operations of the Group and for our shareholders.
The full press release, which contains the mandatory financial and regulatory detail, is available here. Full and more formal communication will follow imminently from Lyceum and from ourselves at Nestor as we work in partnership to conclude the process of transition.
The Board wish the newly formed independent company continued success. (back to headlines...)
Our Customers Say
“I have two regular Care Workers whom I regard as very close, caring friends to me and to my husband. The people in the office I have spoken to have always been friendly and helpful. I have no criticism whatsoever of GHC, only praise.”
Relative of Service User, Grimsby
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Our markets and services
At Nestor we focus on providing managed services for health and social care through
our Primary Care and
Social Care businesses. We are taking the opportunity here to explain in more
detail the breadth and diversity of our services and the operational performances
delivered. We deliver managed services, through our partner organisations and directly
to individuals, focused on meeting a person's needs and thereby enhancing their
wellbeing.