Home care firm looks to expand thanks to £4 million investment

Home care company CSN Care Group, which owns Carewatch, has secured a £4 million investment to pursue acquisitions and grow its network of branches across the UK.

The funding came from investor BGF and will be used to support mergers and acquisitions - with a ‘particular focus on providers of private and high-acuity care’.

CSN operates a national network of owned and franchised branches across the UK, with headquarters in Edinburgh and Milton Keynes. As well as Carewatch, CSN’s care brands also include MyLife and New Directions and the business was founded by executive chairman, Scott Christie and managing director, Craig Hendry, 2019 as a result of a management buyout of part of the Carewatch Group.

Scott Christie, executive chairman at CSN Care Group said: “We are pleased to be partnering with BGF for the next stage of our growth. BGF were selected as the right partner for us due to their long-term approach and the strong relationship we have built with the team over several years.”

Since the management buy out of Carewatch, the group has delivered more than 50,000 weekly hours of care providing homecare services including social care, privately funded care, live-in care and high-acuity specialist care services.

CSN has appointed Dr Andrew Dun to the Board as non-executive director. Dr Dun has a strong clinical background and experience in the social care sector. Early on in his career, he was a GP before taking on several roles in the social care sector, including as chief executive of Enara, a highly acquisitive and fast-growing social care business.

Mr Christie added: “We look forward to working with Andrew and the BGF team as we continue to provide high quality care, build our capabilities in high-acuity care and make acquisitions that have a strong cultural fit with CSN.”

Dr Andrew Dun said: “CSN is an extremely well-run business, committed to providing high quality care outcomes to their customers. I am delighted to be joining the Board and I look forward to working with the CSN management team and BGF to support the business in achieving its longer-term growth objectives.”

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