On 18th October, we announced the completion of the acquisition of Cambian by CareTech. This represents an exciting, new chapter for Cambian as, together with CareTech, we become one of the leading providers of social care services to both adults and children in the UK.
The completion of this acquisition brings together two highly complementary service offerings and areas of geographical focus. We can now provide integrated care pathways nationwide, while also better servicing local authority partners and continuing to deliver strong user outcomes.
CareTech has announced that it will retain the Cambian brand and Anne Marie Carrie, currently Chief Operating Officer (COO) of Cambian Group, will join the senior management team as COO of the Cambian operations within the enlarged CareTech Group.
The management team is committed to maintaining the wellbeing and safety of the children and young adults in our care and are confident that, through the complementary skills and expertise of the enlarged CareTech Group, the teams can integrate the two businesses with minimal disruption.
The transaction is still subject to approval from the Competition & Markets Authority (CMA). While we do not anticipate any issues relating to this, Cambian, under the leadership of Anne Marie Carrie will remain as a standalone business within the enlarged group until the CMA has completed its review.
CareTech is a leading provider of specialist social care services, supporting adults and children with a wide range of complex needs in approximately 330 specialist services around the UK. CareTech provides its innovative care pathways through five divisions covering adult learning disabilities, specialist services, young people residential services, foster care and learning services. CareTech’s residential services are provided through its property portfolio comprising 200 freehold properties.
The CareTech Group looks after approximately 1,700 adults and over 500 children and young people (including those in foster care and excluding the CareTech Group’s learning services division which provides apprenticeship training and qualifications in health and social care amongst other things) and employs approximately 5,500 people.
Cambian is a leading children’s specialist education and behavioural health service provider. The Cambian Group’s services have a specific focus on children who present high severity needs with challenging behaviours and complex care requirements. Cambian currently looks after over 2,000 children and employs over 4,500 people across a portfolio of 222 residential facilities, specialist schools and fostering offices located in England and Wales.