Creative Care secures funding for expansion1 August 2012
.Nottingham-based Creative Care is set to expand following the agreement of new funding support.
The support from Santander Corporate Banking will enable the company to expand its provision of care in the East Midlands. Creative Care provides long-term residential care to young people with autism.
Director Richard Wass said the expansion will enable the company to care for more young people.
Accountancy firm RSM Tenon associate director Mike Quinn and manager Lisa Huckerby advised Creative Care on the transaction. Philip Raven and Sarah Moore from the care sector team at law firm Freeth Cartwright also advised the company.
Raven said: "We have completed a number of deals in the care sector in recent months. Activity levels in the care sector continue to demonstrate that there are opportunities for growth for great businesses."
Paul Ray and Mark Hughes at Browne Jacobson advised Santander, with Roger Harcourt and Freya Summers of Shakespeares also involved in the transaction.