Orbis Education and Care acquires Bangeston Autism Care Services
Following the purchase,
Both businesses specialise in care services for young adults with autism.
The acquisition will see Orbis Education and Care take over the management of
Commenting on the deal, Mike Currier, CEO of Orbis, said: “We are delighted to have secured the purchase of Pembrokeshire Resource Centre.
“The business is a great fit for Orbis both strategically and geographically. It is very much business as usual for both parties, and we look forward to taking Pembrokeshire Resource Centre forward through planned investments into the business and its employees.”
Headquartered in Harrogate and trading as Bangeston Autism Care Services, Pembrokeshire Resource Centre was acquired by the current shareholders in 2003. The business employs 90 staff.
Steve Jones added: “We wanted to put the future of our business in the best hands.
“We believe that Orbis is ideally placed to ensure that we continue to offer the best autism care and services to young people across Wales, and beyond.”
Grant Thornton’s Leeds-based corporate finance team of Will Brennand and Harry Gabriel working with Grant Thornton’s Healthcare sector specialist Peter Jennings, advised the shareholders of Pembrokeshire Resource Centre on the sale.
Grant Thornton’s Will Brennand commented: “Both Bangeston and Orbis have excellent reputations and this acquisition will have a positive impact on their staff and service users.”
Pembrokeshire Resource Centre was also advised by a team from Clarion led by Jonathan Simms and Rachel Dean.
Orbis was advised by Hazlewoods LLP and Blake Morgan LLP.
Published: 03 October 2017