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Downing Investment Director, Torsten Mack, mentioned: “We intend to grow through M&A, as well as through organic growth opportunities. Service-wise, we intend to expand into supported living.
“Expanding into supported living is all about creating a high-quality and comprehensive adult specialist care provider. We want to support vulnerable people in the community and offer a pathway of care to the residents at Downing Care now and in the future. The adult specialist care market is evolving and gaps in the market continue to emerge.”
“A key part of Downing’s healthcare strategy going forward is to continue to selectively invest in the specialist care space, either through Downing Care or by supporting other management teams with growth and development. “
Downing has owned Downing Care, which provides residential care and support for adults with learning disabilities, mental health needs and/or physical disabilities, for 18 years. Downing Care operates four care homes with 37 beds in Hampshire and Surrey.
Breen brings experience in operating specialist care businesses and maintaining quality while delivering exceptional growth. Today he has joined from specialist care provider Achieve Together where he was director of operations for two years. Prior to Achieve Together, he was director of operations of Priory Group, the UK mental health care provider.
Torsten Mack, continued: “We are excited that Chris Breen has joined Downing Care to lead on the future growth of the business. We pride ourselves on the quality of care that Downing Care provides to its residents and are delighted that our facilities are rated as either good or outstanding. Operating in the specialist care sector is a strategy that is close to Downing’s heart and values, and we look forward to continuing to grow in this sector.”
Downing Care chief executive, Chris Breen, added: “I’m really looking forward to taking Downing Care to the next level. Downing has a clear vision for growth in specialist care and the standard of care that these facilities provide is top of the range. I’m delighted to be contributing towards that.”
This article was originally published on HealthInvestor.
Find out more: Downing Development Capital.
About Downing LLP:
Downing is a fast growing, entrepreneurial investment manager based in the City of London. We believe a great investment opportunity isn’t just financial, it’s a chance to invest in things that matter – our environment, our health, our society, our local communities and our economy. Our ability to adapt and innovate to create investment products for our customers is key to our growth and success and our core values are vital to everything we do – from the businesses we invest in to the people we hire.
About Downing Care:
Downing Care has been providing high-quality residential care and support for adults with Learning Disabilities, Physical Disabilities, Epilepsy and Autism for more than twenty years. We have four homes across Hampshire and Surrey, all of which have been rated either good or outstanding by the Care Quality Commission.
If you are a financial adviser, or discretionary fund manager call 020 7630 3319 or email us at sales@downing.co.uk
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