Education specialist bought for £1.8m by national operator
An education business which provides learning packages for young people facing exclusion from education has been bought for £1.8m.
Alternative funder Duke Royalty is providing the funding for Manchester firm Tristone Healthcare for its latest acquisition.
Tristone provides specialist residential, nursing and domiciliary care and support for high acuity adults with severe mental, physical or learning disabilities and for children and young people who require care, support and specialist education.
The funds will facilitate Tristone’s acquisition of South West Intervention Services Limited, trading as SWIS.
SWIIS offers individually tailored learning packages to young people who may be at risk of exclusion from education and is based in Buckfastleigh, near Plymouth.
The financing increases Duke’s total investment in Tristone to £19.4m.
SWIS represents Tristone’s fourth acquisition supported by Duke, in line with Tristone’s stated buy and build strategy
Neil Johnson, chief executive of Duke Royalty, said: “I’m excited to see Tristone further strengthen its position in the social care sector via the acquisition of SWIS.
“Given the outstanding level of care that they provide, SWIS is a natural fit for Tristone, and will also add new specialisms to Tristone’s expanding portfolio.”
SWIS provides bespoke learning packages to young people who may be at risk of exclusion from education, as well as a variety of support services for vulnerable children and young people.
These include intervention, emergency crisis, family support, supervised contact, and enabling activities. All services are managed from a central office in Buckfastleigh, Devon, the central office also houses the main Alternative Education Provision.
SWIS provides bespoke packages of education to young people excluded from mainstream education and the wider community, as well as support services in various forms such as a diverse care offering targeted towards vulnerable children and young people for behavioural management and circumstances of crises or abuse.
The service currently has 120 young people on role, up to 25 years of age. SWIS has a staff team of 35 individuals who span across all service offerings supporting all 120 young people.
