August Equity’s Lifeways bolts on Inclusive and Support

News of the deal comes just weeks after Lifeways bought SLC Group from ISIS Equity Partners.

Inclusive is a provider of supported living and residential care in the Wirral and north east Wales for people with behavioural needs, while Support Options provides services for people with learning disabilities in the Swansea, Neath Port Talbot and Carmarthenshire areas.

The acquisitions were financed by a debt facility arranged by Mike Dennis at Ares Private Debt Group.

August Equity partner Aatif Hassan said: "Lifeways has completed five acquisitions in three weeks [and] continues to see strong organic growth through recent contract wins. It will continue to grow market share and its service offering to maintain its position in the supported living market."
Paul Marriner, CEO of Lifeways, added: "The addition of these two businesses enhances the group's service offering and adds strength and scalability to its existing services."

The management team received legal advice on the deal from Sean Wright at Shoosmiths, while financial due diligence was conducted by Andy Brookes at Hazlewoods.

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