Weight Partners Capital invests in Grosvenor Health and Social Care

Specialist healthcare services private equity investor Weight Partners Capital (WPC) has invested an undisclosed sum in Grosvenor Health and Social Care.

WPC’s investment will support Grosvenor in its ambitions for further geographical growth across the UK and enable the organisation to broaden its service offering.

Wolverhampton-based Grosvenor was formed in 1998 by former chief executive Ravi Bains and is the second-largest independent provider of domiciliary care in the UK, mainly funded by local authorities. The organisation which has grown over the past few years and is made up of six sub-brands employing 3,700 people across Great Britain.

WPC was founded in London in 2009 and specialises in private equity investments into businesses in the healthcare and consumer sector that are going through operational transformation. Its current and former portfolio includes Towerview Care, Trinity Insurance Services, Rileys Sports Bars, BHT Group, and Boxclever.

Darren Stapelberg, chief executive of Grosvenor said: “The Grosvenor management team welcomes and looks forward to developing a fantastic partnership with WPC. This is an exciting time for the business, as we look to continue the expansion of our footprint and service offerings, whilst remaining focused on delivering the quality and individual-centred care that our clients have come to expect.”

Jim Weight, managing partner of WPC added: “Under Ravi’s ownership and guidance, the Grosvenor team have built a market leader in care quality.  We are committed to continuing the quality strategy and to backing the team’s growth strategy for the business.

Browne Jacobson’s corporate health lawyers advised on the deal.

Date published: December 6, 2021

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