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Announced

Completed

Cera Care completed the acquisition of Mears Care for £30m.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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United Kingdom

Private

housing service

Acquisition

Friendly

Single Bidder

homecare provider

Completed

Consumer Services: Other

Majority

Synopsis

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Cera Care, a home care provider, completed the acquisition of Mears Care, a housing and social care provider, for £30m. "Our acquisition of Mears Care gives us the opportunity to transform a traditional care service into an innovative care provider, that operates on the frontier of revolutionising social care. This milestone will provide us with much greater national coverage, combined with a strong network and talent-base, that takes our offering to a new level, serving many more users, and empowering many more care workers – making Cera the leader in modern and effective elderly care,” Ben Maruthappu, Cera Care Chief Executive.

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