Based in Alcester, Options Group has a turnover of £25m and provides individually designed programmes of care, education and support for people on the Autistic spectrum or with emotional, behavioural and social disorders, from school age through to adulthood, by offering bespoke support services to help each individual achieve their personal targets for independent living and the support they may need to sustain a fulfilling life.
When the management team was given the opportunity to work with the group’s bankers to refinance and buy out the business from its founding shareholder, they called in Cattaneo LLP to provide advice. The transaction was backed by Barclays Ventures, the venture capital arm of Barclays Bank plc, and Barclays Bank. Barclays Ventures took a majority stake in the business with management owning a minority.
WHAT OUR CLIENT SAID:
‘As a management team we do not normally have to deal with the issues that arise on a buy out, particularly in the complicated circumstances that surrounded this transaction, so we called on the services of Cattaneo LLP and found their experience, advice and suggestions invaluable. Having now completed the buy out, we look forward to a continuing relationship with Cattaneo LLP in the future’
Alison Lord, Chief Executive