Endurance Capital buys majority stake in West Midlands children's care provider Forge Care
What's the deal? Private equity firm Endurance CapitalDealroom has a profile for this one. Try Dealroom → has taken a majority stake in Forge CareDealroom has a profile for this one. Try Dealroom →, a West Midlands provider of trauma-informed residential care for children. The deal value was not disclosed.
What does Forge Care do? Founded by the Miller family, it delivers therapeutic residential care through its purpose-built Warwickshire campus, The Forge. The site houses four Ofsted-registered children's homes offering up to 24 placements alongside integrated therapeutic services.
What changes? The investment funds Forge Care's next growth phase, including rolling out more homes. Gavin and Ryan Miller keep leadership roles alongside managing director Adam Wells.
Why now? The deal delivers succession for the founding family while adding capital to scale. Forge Care was previously backed by an equity investment from Future Planet CapitalDealroom has a profile for this one. Try Dealroom →.
Gavin Miller said the family's ambition was "to create an environment where vulnerable children receive the highest standard of therapeutic care and support," adding that Endurance Capital "shares our long-term commitment to that vision."
Who advised? DebrettDealroom has a profile for this one. Try Dealroom →'s advised the shareholders, led by partner Martin Poole with Harveer Gill and Seb Rowlands. Higgs LLPDealroom has a profile for this one. Try Dealroom → provided legal advice and EdwardsDealroom has a profile for this one. Try Dealroom → handled tax. Debt funding came from Rand Merchant BankDealroom has a profile for this one. Try Dealroom →, the corporate and investment arm of FirstRand GroupDealroom has a profile for this one. Try Dealroom →.
Endurance Capital was advised by Browne JacobsonDealroom has a profile for this one. Try Dealroom → on legal matters and AlantraDealroom has a profile for this one. Try Dealroom → on corporate finance.
Poole said Forge Care "combines exceptional outcomes with a scalable operating model, making it an attractive investment opportunity."
The signal: Private equity continues to move into the UK's specialist children's care sector, where demand for high-quality placements is acute and operators with scalable models draw investor interest.
Read more: insidermedia.com
Image credit: British Red Cross.