Hillcrest looking at options

Specialist care provider, Hillcrest Care is believed to be on the market following news that it intends to expand the business. It has been reported that Acorn Care & Education, Inflexion Private Equity and Sovereign Captial along with an undisclosed organisation are interested in the business. BDO Stoy Hayward has been hired to advise on any potential sale, investment or loan agreement. Roger Colvin, chief executive of Hillcrest commented: We’ve asked BDO to assist in a review of strategic options to help develop the business going forward.’