BUSINESS OVERVIEW

Unity Group (Unity) is one of ten care homes and a school based across Staffordshire, providing high-quality residential care for vulnerable young adults at risk, as well as providing bespoke education to local excluded children and care residents. Established in 2009 by Matt Wilcox and Israel Amponsah the business grew from strength to strength forging longstanding relationships with local authorities, achieving Ofsted awards and increased residential capacity, reaching a total of 34 residents and 25 students.

Unity was sold to Edison Education Limited in a transaction lead by Orbis Partners. The acquisition of Unity was, strategically, a perfect fit. Offering both geographical and cultural synergy, expanding Edison’s portfolio spread covering both Nottinghamshire and Staffordshire.

Orbis worked with the Unity team for the past 18 months ultimately securing a strategic value, providing an excellent outcome for shareholders.

Finding the right buyer for the business was crucial and I am happy that Unity has found a new home with Edison. I am excited at the prospect of seeing the business grow and develop in new hands. Orbis’ extensive experience and expertise have been invaluable in delivering an excellent outcome for the shareholders and we thank them for their hard work and persistence.

Matt Wilcox, CEO and Shareholder

OUR ROLE

Orbis worked closely with Unity for 18 months, Orbis had an in-depth knowledge of the business, understanding its strategy and plans for implementation. Orbis conducted thorough buyer research, to identify buyers that had a strategic fit and strong appetite to grow their residential portfolio.

Due to Orbis’ knowledge and expertise, we were able to secure offers from a number of buyers and delivered a great deal for the business and shareholders. Specifically, Orbis:

  • Spent time with the shareholders to understand the unique selling points of the business and presented these in the IM
  • Utilised their detailed knowledge of the business to identify appropriate potential buyers
  • Assisted the shareholders to select a strong strategic buyer which they believed would maintain the standards and values of the current business as well as delivering an acceptable price for the shareholders
  • Managed the preparation and flow of information throughout the diligence process to ensure commercially sensitive information was safeguarded
  • Ensured effective liaison and communication between both parties and their advisors throughout the deal process to deliver a successful outcome
  • Assisted with negotiating key commercial aspects of the legal documents to ensure the successful completion of the deal.
Registered in England No.9098428 Registered Office: One Eleven, Edmund St, Birmingham B3 2HJ
The statutory directors of Orbis Partners Ltd are Chris Gregory, James Grenfell, Gary Ecob and Shah Zaki.