We invested in The Good Care Group in 2016, providing growth capital and support, to help the business accelerate its organic growth. With our backing, The Good Care Group was able to invest in recruitment, marketing, and technology, to enable the digitalisation of care planning.
Alongside funding, we provided extensive scaleup support:
- Introducing the company to serial non-executive Michael Smith (former executive board member at PwC) and Paul Rawlinson, who both joined as board members
- Facilitating the unlocking of additional funding from Santander and providing liquidity for legacy investors
- Supporting the integration of Oxford Aunts, after its acquisition by The Good Care Group
In 2019, following a three-year partnership with BGF and a period of significant growth, The Good Care Group was acquired by Sodexo UK, one of the world’s largest multinational corporations. The exit generated strong returns for all shareholders.
