Benchmark International is pleased to announce the acquisition of Elysium Cymru by Iris Care Group.
The acquisition includes two supported living services, The Grove and Kensington Place, both based in Newport, South Wales.
Established in 2008, Elysium Cymru has proudly provided specialist supported living and residential care for adults with complex needs.
Iris Care Group is a specialist health and social care provider, offering a full pathway of services for people with complex care and support needs. With a fully integrated pathway of specialist services, Iris Care Group has shown ambitious growth in recent years to expand to 63 services, including specialist hospitals, supported living, residential care, nursing services, and a special educational needs college.
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This acquisition is further demonstration of the continued progress Iris Care Group has made with sustained operational growth, and consistently high standards of care and quality.
Iris Care Group remains committed to improving the provision of specialist care within the UK with further opportunities to expand through strategic acquisitions, as well as continued plans to develop new robust specialist services in the community.
Reflecting on this latest acquisition, Dr. Andy Jones, Chief Executive Officer at Iris Care Group, said: “This acquisition of Elysium Cymru Ltd represents another step in the continued growth of Iris Care Group. It further demonstrates our strategic drive to build and deliver exceptional services, with strong reputations, for adults with complex needs. We remain committed to investing in our services, facilities and dedicated teams to ensure we continue to provide care that supports individuals to live independent and meaningful lives.”
Amanda Omeara and Jayne Edwards, founders of Elysium Cymru, added: “We are delighted that Elysium Cymru Ltd has been acquired by Iris Care Group. We believe the organisation shares our ethos, values and are well placed to take the services forward with continued development of staff and tenants across both services.”
Jamie Morris, Associate Director at Benchmark International, commented: “It has been a pleasure to support the shareholders of Elysium Cymru throughout this transaction. Iris Care Group is an excellent strategic partner, with a strong track record of providing exceptional care and investing in the continued development of its services. We are delighted to have facilitated this acquisition and wish both parties every success for the future.”
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