Limerston Capital’s Acquisition Of Patricia White’s And Country Cousins

Simpson Thacher represented Limerston Capital in financing the acquisition of Patricia White’s and Country Cousins.

Limerston Capital executed the acquisition of Patricia White’s and Country Cousins, two brands forming one of the UK’s largest private pay introductory live-in home care agencies, from Saga Healthcare Limited (a subsidiary of Saga plc).

The bank financing for this acquisition was provided by Shawbrook Bank Limited.

Patricia White’s and Country Cousins focus on private pay, live-in care agency services, and have over 2,700 registered clients, 690 of which are currently receiving care services.

Limerston Capital, a UK based private equity firm, manages over £300m and has a proven value-based and operationally focused investment strategy. Limerston Capital focuses on six core sectors: Consumer and Retail, Education, Training and Recruitment, Business Support Services, Niche Manufacturing and Healthcare.

The Simpson Thacher team included Stephen Short (Picture), George Dyesmith and Hannah Ho (Banking and Credit).

Involved fees earner: George Dyesmith – Simpson Thacher & Bartlett; Hannah Ho – Simpson Thacher & Bartlett; Stephen Short – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Limerston Capital LLC;