International M&A specialist, Benchmark International, has successfully negotiated the sale of Coating & Moisturizing Systems, Inc. (“CMS”) to Grace Harbor Group, Inc. and Osceola Capital Management, LLC.READ MORE >>
In the high-stakes world of M&A, discretion is the one of the most important elements, as all parties involved are under an ethical and contractual obligation to keep details private until the time is right to announce the deal. During this period, acquisitions are often given cryptic codenames to avoid drawing unnecessary attention.READ MORE >>
Benchmark International is pleased to announce the successful sale of Lancashire-based ROC North West, a provider of residential care and education, to CareTech Holdings in a deal worth in excess of £11m.
Established in Lancaster in 2005 by founding directors Hilary Waterhouse and Glyn Waterhouse, ROC provides education and residential care for challenging and vulnerable young people with complex needs. It currently offers 41 residential places in seven residential homes across Lancashire and 25 education places in its school in Preston.
Hilary Waterhouse, Co-founder of ROC, said: "ROC is a family run business offering high standards of care and education in the learning disabilities sector. We are pleased that we have now joined the larger family of CareTech. We had a number of different companies wishing to buy our business but chose CareTech as we believe in their philosophy of care and working practices that mirror our own expectations and high standards."READ MORE >>