Voyage Care provides care for people with learning disabilities and associated physical disabilities, autistic spectrum disorders, complex needs and acquired brain injury. Voyage Care offers a range of care provision from help in your own home to intensive physical and mental support in modified accommodation. Fees are paid by local authorities and Primary Care Trusts.
Significant shortage of supply for residential care at this level leaves opportunity for growth. Voyage Care enjoys a strong market position and a high quality estate of stable, cash generative assets.
How do we intend to create value?
Historically, growth has been generated by organic roll-out of purpose-built homes. Going forward, the strategy is to broaden the service offering to include flexible home care options. In December 2010, Voyage Care acquired an acute home care provider, Partners in Specialist Care.
How will we crystalise value?
An exit could be via an IPO, to a private equity fund or private equity-backed trade buyer.