Potens receives support package from Barclays
Barclays has awarded an eight-figure support package to Merseyside-headquartered Potens which provides health and social care support services for children and adults with disabilities and complex needs, The Business Desk has reported.
Potens operates more than 90 UK sites supporting over 800 service users and employing more than 1,450 people.
The deal involves the refinance of existing term debt, with additional funding to help finance Potens’ acquisition strategy.
Barclays’ business development director Joe Reid said: “Potens provide valuable support to thousands of people across the UK and from our first meeting with the experienced management team we have been impressed with their passion to provide the highest levels of care combined with excellent market knowledge and a clear well-defined growth strategy.”