Funding firm Downing has appointed Chris Breen as chief govt of specialist care supplier Downing Care to steer the expansion of the enterprise and oversee the growth into supported residing, the corporate tells HealthInvestor UK.
Downing funding director, Torsten Mack, says: “We intend to develop by M&A, in addition to by natural progress alternatives. Service-wise, we intend to broaden into supported residing.
“Increasing into supported residing is all about making a high-quality and complete grownup specialist care supplier. We wish to assist susceptible individuals locally and supply a pathway of care to the residents at Downing Care now and sooner or later. The grownup specialist care market is evolving and gaps available in the market proceed to emerge.”
Downing is trying to speed up progress on this needs-based market which is mostly underserved and fragmented: “We see the grownup specialist care market as a market pushed by clear long run and non-cyclical progress developments, in addition to being in transition. Consequently, we’ve additionally seen growing investor curiosity within the sector,” Mack continues.
“A key a part of Downing’s healthcare technique going ahead is to proceed to selectively put money into the specialist care house, both by Downing Care or by supporting different administration groups with progress and improvement.”
Funding firm Downing has owned Downing Care, which supplies residential care and assist for adults with studying disabilities, psychological well being wants and/or bodily disabilities, for 18 years. Downing Care operates 4 care properties with 37 beds in Hampshire and Surrey.
Breen brings expertise in working specialist care companies and sustaining high quality whereas delivering distinctive progress. At this time he has joined from specialist care supplier Obtain collectively the place he was director of operations for 2 years. Previous to Obtain collectively, he was director of operations of Priory Group, the UK psychological well being care supplier.
Mack says: “We’re excited that Chris Breen has joined Downing Care to steer on the longer term progress of the enterprise. We delight ourselves on the standard of care that Downing Care supplies to its residents and are delighted that our amenities are rated as both good or excellent. Working within the specialist care sector is a technique that’s near Downing’s coronary heart and values, and we look ahead to persevering with to develop on this sector.”
Breen, provides: “I’m actually trying ahead to taking Downing Care to the following stage. Downing has a transparent imaginative and prescient for progress in specialist care and the usual of care that these amenities present is high quality. I’m delighted to be contributing in the direction of that.”
Carter Schwartz’s managing director, Adam Carter, suggested on this appointment. Mansfield Advisors have suggested Downing on its strategic progress plan for Downing Care.
Date printed: March 8, 2022
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