Thursday, 25 October 2018

Foster care agency to be sold for more than £100 million

"One of Britain’s largest foster care agencies could be about to change hands for more than £100 million."

"Partnerships in Children’s Services is expected to be sold after its private equity owner, Sovereign Capital, hired advisers from Clearwater to find a buyer."

"Partnerships in Children’s Services brands include Clifford House, Orange Grove and Fosterplus Partnerships in Children’s Services."

"Sovereign Capital invested in 2012 in Fosterplus which was set up in 1996 by two former social workers, Deborah Ferguson and Paul Snell, who are still directors."

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