Hill Dickinson’s corporate team in Liverpool has advised on the sale of Educare Adolescent Services Limited (Educare) to Horizon Care, a provider of specialist care and education to children with complex needs, backed by NBGI private equity, for an undisclosed sum.

Led by Partner, Craig Scott alongside Associate, Michael Murphy, Hill Dickinson’s Liverpool office advised Educare and its shareholders on the legal process of the deal, which follows a period of strategic planning to prepare the business for sale.

Established in 1995, Educare has a turnover of approximately c.£10m and employs over 300 staff. Operating across the Midlands, Educare currently runs twenty-one homes and four day schools. The operator works with local authorities across England and Wales to provide high quality residential care and education services to children and adolescents with complex needs including emotional and behavioural difficulties and special educational needs.

The Hill Dickinson team worked closely with Ian Johnson and Carole Fraser of Cowgill Holloway’s corporate finance team to advise the vendors on the sale. Pinsent Masons LLP and Hazelwoods LLP advised the buyer. The deal was funded by NGBI Private Equity and The Co-operative Bank.

The latest deal caps a great year for the Hill Dickinson Liverpool office, which saw the Hill Dickinson office cited by independent rankings publication Chambers UK 2012 as having the only #1 top tier ranked corporate team operating in the city with more ranked leading individuals for corporate work than any other law firm in Liverpool.

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