Isle of Wight home care agency sold to mainland operator
Specialist business property adviser, Christie & Co, has completed on the sale of Charmes Care, a well-established provider of personal care services in the Isle of Wight.
Christie & Co was contacted by First City Nursing Services Ltd, a family run homecare provider based in Swindon who were looking specifically to purchase a home care agency on the Isle of Wight due to demand on the island for their services. An acquisition agreement was entered into and a targeted campaign was undertaken by Christie & Co to find a suitable business. Contact was made with the owners of Charmes Care and after a period of negotiations, an off-market deal was agreed.
Charmes Care is based in Newport, Isle of Wight and offers a complete range of personal care services tailored to suit the needs of their clients. The business had been established by Charmian and Nigel Messenger and after successfully running it for a number of years, they had decided the time was right for them to retire.
Charmian Messenger comments, “We had been considering selling the business for a little while and when we were contacted by Charles at Christie & Co it felt that this off-market approach would work well for us and maintain confidentiality throughout the process. We are delighted to be passing the business onto First City Nursing Services and wish them well in the future.”
Stephen Trowbridge of First City Nursing Services Ltd comments, “It has been a pleasure working with Christie & Co who have sourced us an ideal business which wasn’t on the market. Charmes Care is a well-known and established business, and we are looking forward to building on Charmian and Nigel’s good work and getting to know the staff and those to whom we provide care. This acquisition was made as part of our submission to bid for the lead provider contract and is part of our commitment to grow care businesses on the island with the benefit of local knowledge.”
Charles Phillips, Director at Christie & Co, who handled the sale, adds, “We were delighted to act on an acquisition basis for First City Nursing Services. The deal process went very smoothly on both sides and we wish Charmian and Nigel well in their retirement from the sector and First City all the best with their new business.”
Charmes Care was sold at an undisclosed price.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com
Contact the agent:
Charles Phillips, Director – Healthcare (South)
P: 07764 241 346 or E: charles.phillips@christie.com
