The company is an independent, trusted fostering agency that has developed strong relationships with local borough councils in and around London and operates as an outsourced function of local Government agencies’ Children Services.
Having secured a strong foothold in a high barrier to entry industry, the company prides itself on its diverse demographic of foster carers. In addition, the business specialises in placing teenagers, mothers and babies, and unaccompanied asylum-seeking children, placements for which are highly sought after by local authorities.
Our clients are open to all types of structured deals subject to terms.
The business is now being offered for sale to facilitate other, unrelated business interests.
Offers invited.
Key Highlights
• Rated Good by Ofsted and is a member of the BAAF, the NAFP, and Foster Talk.
• Particularly well-known for its recruitment of BAME foster carers.
• Generates highly targeted leads through unique marketing campaigns to attract high-quality foster carers.
• Operates within an industry in which demand far outstrips supply, with a further 7,200 fostering families required over just the next 12 months across the UK; this increases each year.
• Agreements in place with all London boroughs and is approved to work with all local authorities across England.
• Receives up to 150 calls and emails each day from local Government agencies looking to place a vulnerable child.
• Operates from leasehold office premises that could easily be relocated.
• Currently planning to extend its reach into the wider London area, Liverpool, and Manchester, to assist more local authorities with foster care placements.
Financial Highlights
- Turnover in excess of £1m in YE23 with an adjusted EBITDA of £81k.
- YE24 11 months management turnover of £1.2m.
- Strong forward revenue visibility from set local authority funding amounts per child placement.
