HgCapital's Voyage Care acquires Solor Care

The deal was funded via existing capital and a fresh capital injection from HgCapital and SL Capital Partners.

The acquisition will consolidate Voyage's existing service offering in England and expand its presence in the South East. The combined workforce totals 7,000.

HgCapital acquired Voyage Care (then Paragon Healthcare Group) from Duke Street in a £322m deal in 2006.

Company
Solor Care provides care services at 59 residential centres and supported living in 28 locations. It also operates five day-care centres. Key customers include county councils across the UK. The company has particular focus on autism services.

All 92 Solor Care homes will become part of Voyage Care, which has a £142m annual turnover.

People
Philipp Schwalber is head of healthcare at HgCapital.

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