Deal Background
Inspire CS Group is a specialist provider of residential child care, supported accommodation and education services in the North West of England.
Founded in 2009, the business now operates 14 supported accommodation services and nine Ofsted approved homes, providing warm, comfortable and stable family orientated environments for young people aged 8-18.
The group also operates the 30-capacity The Parks School, in Hindley, Wigan.
An MBO was completed to facilitate the exit of the non-operating shareholders from the business.
How Langtons Helped
Langtons acted for Jordan Kemp, incoming investor, assisting with the fundraising process by preparing financial projections, as well as providing commercial input throughout the legal process.
Results
The MBO was completed successfully, with Paul Keogh and Jordan planning to open new services and continue to grow the business.
Jordan Kemp, incoming investor to Inspire CS Group, said: "I am thrilled to join Inspire CS Group and support its mission of providing high-quality care, support and education to young people. With the successful completion of the MBO, we are now well-positioned to expand our services and reach even more children in need. I look forward to working closely with Paul Keogh and the dedicated team at Inspire CS Group to achieve our growth objectives and make a positive impact in the community."
