Sodexo expands in private-pay home care market in the UK
April 11, 2017
Sodexo announces the acquisition of Prestige Nursing + Care, a leading UK home care provider.
Through its 44 branch network, Prestige Nursing + Care delivers high-quality, personalized home care to seniors across the UK focusing on a private-pay model. The acquisition provides Prestige Nursing + Care access to the experience and best practices of in-home care agencies from around the world. With demand for social care services rising in the UK, Sodexo will capitalize on this growing market, bringing innovation and development potential to Prestige Nursing + Care.
The acquisition of Prestige Nursing + Care will significantly expand Sodexo’s position in the UK private home care market, and builds on the company’s decades-long global track record in this sector through Comfort Keepers, a Sodexo brand. Comfort Keepers is a leading network of in-home care providers for seniors and other dependent adults with more than 700 offices world-wide.
Following the acquisition, the current management team of Prestige Nursing + Care, led by Managing Director Jonathan Bruce, will continue to manage the business.
Sarosh Mistry, Chief Executive Officer, Sodexo Global Home Care, said: “Our mission is to help seniors age in their homes as independently and comfortably as possible. Being at home not only improves the quality of life of our senior clients, but their family members as well.
Prestige Nursing + Care combines a long history of home care provision with a progressive and forward-thinking approach. We are very impressed with the professionalism and expertise of the Prestige Nursing + Care senior leadership and the way they have embraced the private-pay model. We look forward to working together to grow this business.”
Jonathan Bruce, Managing Director of Prestige Nursing + Care, said: “This agreement is a major milestone in our efforts to expand the support we provide to help our clients live independently in comfort and security at home. There are a strong set of shared values between Prestige Nursing + Care and Sodexo, and we are excited by the prospect of strengthening our in-home care services to support our continued growth and innovation.”