Expanding Horizons acquires three South Wales care homes
The acquisition was funded by a £3.25 million investment from NatWest.
Ellis Jenkins, director at Expanding Horizons, said: "At Expanding Horizons, we care deeply about the quality of care our service users receive.
"We seek to not only support individuals but empower them to be the best versions of themselves.
"The fact that so many people in Wales are living with disabilities and severe mental illness underscores the critical need for tailored support which helps them gain or rebuild their independence.
"Residents of South Wales deserve the highest quality of care, and we are thrilled to announce the acquisition of Enable Care Services as we continue to grow and expand our network.
"NatWest has been exceptional throughout the process, demonstrating a deep understanding of our industry and our goals and we are incredibly grateful for their support."
The deal includes two care homes in Cwmbran and one in Argoed.
Expanding Horizons provides personalised support for people with learning disabilities and severe mental illnesses.
The company marks its 20th anniversary this year.
Part of the funding will go towards the acquisition, while the remainder will support refinancing and infrastructure improvements to ensure regulatory compliance.
The expansion is aimed at meeting the rising demand for residential and supported living services across South Wales.
According to Public Health Network Cymru, around 900,000 people in Wales live with a disability.
This represents 27 per cent of the population, compared to the UK average of 22 per cent.
Neil Williams, senior relationship manager at NatWest, said: "The work that Expanding Horizons does is absolutely invaluable to its service users and is the exact sort of community benefit that we look to support at NatWest.
"We look forward to continuing our partnership and are excited to witness Expanding Horizon's continued growth and evolution."
Expanding Horizons said the acquisition will improve its ability to deliver high-quality care across the region.
The company currently operates a portfolio of care homes and supported living services in South Wales.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Scotsman
41 minutes ago
- Scotsman
Fife cask investment firm upgrades warehouse machinery
Fife-based cask dealership firm Spiritfilled has upgraded its warehouse machinery as it continues to enhance its flagship storage facility in Newburgh. Sign up to our Scotsman Money newsletter, covering all you need to know to help manage your money. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... The company opened Braeside Bond 12 months ago, with both investors and collectors quickly attracted to the merits of the 20,000 sq. ft. bond overlooking the River Tay. Distillers, cask owners and importers from around the globe use the warehouse, which has capacity to securely house around 14,000 casks. Safely handling the casks is paramount, and Spiritfilled recently took further steps to bring additional security to its operations with an equipment investment, including its first electric forklift truck. Advertisement Hide Ad Advertisement Hide Ad The German-made 5-tonne Jungheinrich counterbalance forklift has a 7,500mm lift height / 3,300mm closed height mast and comes with an enhanced gas detection and control solution, which checks the atmosphere around the truck for vapours before allowing it to power on. Secure: New machinery. Spiritfilled has also added a cask rotator and a cask tilter, with both pieces of hydraulic equipment - manufactured by McGowan Engineering of Cambuslang - able to attach to the carriage plate on the forklift truck itself. The rotator allows the safe and efficient palletising of filled casks, while the tilter is needed for stowing and de-stowing in the recently installed state-of-the-art racking system, housing both barrels (typically 200L) and hogsheads (typically 250L) - the two most commonly traded cask formats in the private whisky investment market. Braeside Bond operations manager Torin Currie said: 'The electric forklift has great benefits from an environmental perspective and also operationally. Advertisement Hide Ad Advertisement Hide Ad 'The cask handling attachments are innovative pieces of machinery which will bring many benefits for clients and reinforce investors' confidence in how we protect their assets. Safe handling: Forklift. 'It reduces the wear and damage to assets in long-term maturation, which is key, while also demonstrating our premium handling standards to future buyers and brokers. 'It enables transparent storage practices for audit or resale events and, importantly, aligns with HMRC warehouse compliance for bonded storage procedures.' The upgrade comes after the company's recent six-figure investment in its advanced racking system.
The National
4 hours ago
- The National
Edinburgh wealth specialist opens sports arm in London
Tweed Wealth Management hailed the launch of a presence in the UK capital for the sports arm as a 'significant milestone' in its mission to provide professional athletes with the financial know-how they need both during and after their careers. The London base will be led by former professional rugby player and chartered financial planner Jason Baggott, who heads Tweed Sports jointly with Ross Penman. Mr Baggott said: 'We've seen first-hand how an increasing number of athletes, particularly in football and rugby, are actively seeking specialist financial guidance to assist them during and after their careers. Read more: 'Our expansion into London allows us to work even more closely with a growing client base and their wider support networks – from agents and accountants to legal and media teams. 'Athletes deserve financial advice that's bespoke to their world, along with clarity around its risks, rewards, and timelines. Our job is to help them maximise opportunities, avoid common pitfalls, and plan for long-term stability once they leave the field for the last time.' Edinburgh-based Tweed said the new London office, based in the heart of the city on Lombard Street, will offer specialist investment advice, support with retirement planning and inheritance tax strategies, and mortgage and protection solutions. It will collaborate with trusted sports accountants and lawyers to deliver a 'seamless, end-to-end wealth management service for clients in the sporting world,' the firm said. With clients from the worlds of football, rugby and boxing, Tweed said it was focused on expanding into golf, women's football, cricket, and other growing professional sports. Tweed Sports is part of Tweed Wealth Management, a financial advice firm which manages more than £500 million of assets.
The Herald Scotland
4 hours ago
- The Herald Scotland
Edinburgh wealth specialist opens sports arm in London
The London base will be led by former professional rugby player and chartered financial planner Jason Baggott, who heads Tweed Sports jointly with Ross Penman. Mr Baggott said: 'We've seen first-hand how an increasing number of athletes, particularly in football and rugby, are actively seeking specialist financial guidance to assist them during and after their careers. Read more: 'Our expansion into London allows us to work even more closely with a growing client base and their wider support networks – from agents and accountants to legal and media teams. 'Athletes deserve financial advice that's bespoke to their world, along with clarity around its risks, rewards, and timelines. Our job is to help them maximise opportunities, avoid common pitfalls, and plan for long-term stability once they leave the field for the last time.' Edinburgh-based Tweed said the new London office, based in the heart of the city on Lombard Street, will offer specialist investment advice, support with retirement planning and inheritance tax strategies, and mortgage and protection solutions. It will collaborate with trusted sports accountants and lawyers to deliver a 'seamless, end-to-end wealth management service for clients in the sporting world,' the firm said. With clients from the worlds of football, rugby and boxing, Tweed said it was focused on expanding into golf, women's football, cricket, and other growing professional sports. Tweed Sports is part of Tweed Wealth Management, a financial advice firm which manages more than £500 million of assets.
