Grant Thornton advises August Equity backed Esland Care on the acquisition of Oracle Care and Education
Grant Thornton have announced that they have advised August Equity-backed Esland Care on the acquisition of Oracle Care and Education.
Oracle Care and Education provides therapeutically supported residential care and education for young people with complex needs. It operates a hub-and-spoke model with 11 homes situated around two schools.
Oracle provided complementary services to Esland, and presented a great strategic fit to the business and their growth plans. We advised August Equity and the Esland Management team, providing support throughout the transaction. We assisted with the due diligence and final negotiations and helped maintain momentum throughout to ensure a successful outcome.
Garret Turley, Partner at August Equity sadi: “We’d like to thank the Grant Thornton healthcare corporate finance team for their support and advice during the acquisition of Oracle Care and Education. Their understanding of the sector, along with their tenacity to find solutions throughout the process enabled the deal to move as smoothly as possible during especially difficult conditions.”