M&A Deal Summary

Gold Care Homes Acquires Sonnet Care Homes

On March 1, 2023, Gold Care Homes acquired consumer services company Sonnet Care Homes from August Equity

Acquisition Highlights
  • This is Gold Care Homes’ 1st transaction in the Consumer Services sector.
  • This is Gold Care Homes’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2023-03-01
Target Sonnet Care Homes
Sector Consumer Services
Buyer(s) Gold Care Homes
Sellers(s) August Equity
Deal Type Add-on Acquisition

Target

Sonnet Care Homes

Braintree, United Kingdom
Sonnet is a high-end residential nursing care business for elderly and dementia patients. Sonnet Care Homes is based in Braintree, United Kingdom.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Gold Care Homes

Middlesex, United Kingdom

Category Company
Sector Consumer Services
DESCRIPTION

Gold Care Homes provides residents with a secure, relaxed and homely environment in which their care, well-being and comfort is of prime importance. Gold Care Homes is based in Middlesex, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

August Equity

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 350M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

August Equity is a private equity firm that provides capital for management buyouts, buy-ins, growth financings, and recapitalizations of small and medium-sized UK-based companies. August Equity targets growth companies with strong cash-flow operating within four sectors. These include healthcare, media/technology, industrial products and services, and consumer products and services. August Equity looks to commit £10 to £50 million per transaction. August Equity was formed in 2001 and is based in London.


DEAL STATS #
Overall 29 of 30
Sector: Consumer Services M&A 8 of 8
Type: Add-on Acquisition M&A Deals 13 of 13
Country: United Kingdom M&A 28 of 29
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-05 One Touch Health

Galway, Ireland

One Touch Health is an end-to-end care management software platform that supports the management of all care delivery needs, from client and carer scheduling, HR management, incident tracking, care planning and family communications for care providers across Ireland and the UK. One Touch Health was founded in 2014 and is based in Galway, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-23 StarTraq

Banbury, United Kingdom

StarTraq is a provider of offence processing software. It has long standing relationships with police and local authorities in the UK, and a growing international footprint. It provides cloud solutions that automate back-office processes including the processing of traffic violations, permit offences, permit applications, and environmental offences. StarTraq was formed in 1999 and is based in Banbury, United Kingdom.

Buy -