Halliwell was founded in the north west of England some 15 years ago and operates 6 residential care homes for children in the 6 to 12 age range.  Its mission is to enhance the psychological health of children within the care system through its Restorative Parenting Recovery Programme, a therapeutic re-parenting programme which focuses on addressing the emotional, behavioural, social and developmental needs of the child.

Andrew Constable, the co-founder of Halliwell remarked:

“We have worked closely with Adam and his team for two years to obtain external finance to open the two new homes and to prepare the business for this sale and re-financing package. I am confident that the management and employees have the drive and expertise to continue to provide the high standard of care that Halliwell has delivered over the past 15 years.”

Adam Rowlands, Partner at Keystone said:

“The sale of the business to the Employee Ownership Trust protects the legacy of the founders of the business and ensures the continuing provision of vital support to vulnerable children. It also provides the employees with an opportunity to share in the future success of the business once the debt facilities have been repaid.”

Chris Christodoulou of Shawbrook Bank noted:

“We are pleased to support the Employee Ownership Trust through a structured debt facility having previously provided development capital to the previous owners. We look forward to continuing to work with the business to support future expansion.