Mitie swoops on enara to gain sector foothold

utsourcing company MITIE made a daring entry into the UK domiciliary care sector last month, snapping up Enara from August Equity for an 11 times EBITDA price of £110.8m on a cash and debt-free basis.MITIE hopes the acquisition of the UK’s fifth largest homecare business will provide a ‘scalable platform to compete in the growing…