Optimo Care Group acquires CFT Care
Optimo Care Group has acquired supported living and specialist care provider CFT Care.
Based in Clacton, Essex, CFT Care operates 44 purpose-built supported living units across multiple sites in cluster settings, and employs approximately 230 staff who deliver essential services to around 60 younger adults with learning disabilities and autism. The acquisition also includes a portfolio of supported living development sites for future expansion.
Optimo is retaining all CFT Care’s staff and stated it plans to increase headcount to accommodate an anticipated growth in services.
Optimo supports thousands of people across the UK with a variety of complex and specialist support needs. The company has three divisions: supported living for younger adults with learning disabilities and autism, specialist care for younger adults with specialist support needs, and elderly home care for those requiring support at home.
Ben Hales, group projects director and head of M&A at Optimo said: “CFT Care has built and maintained an excellent reputation in the Essex area. With significant potential for continued growth through new development sites in the pipeline, we are eager to begin working with the team to drive our shared vision forward.”
Ryan Brummitt, managing director for supported living and specialist services at Optimo Care Group commented: “The acquisition of CFT Care allows us to extend our reach and enhance our services, ensuring more individuals receive the compassionate and personalised care they deserve. We are thrilled to welcome the CFT Care team and look forward to collaborating closely to make a positive impact on the lives of those we support.”
The sale was facilitated by Redwoods Dowling Kerr.
Optimo was advised by Freeths (legal), Hazlewoods (financial and tax), Knight Frank and Eddisons Commercial (property).
CFT Care was advised by Ellisons (legal) and TC Group (tax).