Daily News

View All News

UK – Private Equity firm backs buyout of Nurse Plus

07 January 2015

Nurse Plus, a provider of staffing solutions and home care services to the UK healthcare industry, has received a significant investment from UK private equity firm Sovereign Capital, as part of a management buyout. 

Nurse Plus was founded in 2005 and has grown to become one of the UK’s largest providers of nurses and carers for establishment settings and within the home. The business supplies agency care workers and nurses to nursing homes, residential care homes, and private hospitals. It has 35 branches across England.

Sovereign has backed Nurse Plus’ incumbent management team, led by CEO Heath Blake. Sovereign will work with Nurse Plus’ management team to expand the business to meet the increasing demand for its services. .

Dominic Dalli, Partner at Sovereign Capital, commented: “With an increasing ageing demographic in the UK, there is a great need for high-quality care services within the homes and in establishment settings. We are delighted to be backing Nurse Plus’ proven and successful management team in a sector that we know well to help grow the business further and meet this demand.”

Heath Blake added: “We are delighted to be working with the team at Sovereign to help take Nurse Plus to the next stage of its development.  The quality of our business is fundamental to it success and by working with an investor who understands quality in healthcare, we are excited by the future growth opportunities available to Nurse Plus.”