Clearwater International UK advises Waterland Private Equity on its acquisition of Sandcastle Care in off-market deal

Clearwater International provided M&A and debt advisory services to Waterland Private Equity to support the acquisition of childcare services provider Sandcastle Care (Sandcastle).

Sandcastle provides high quality, highly nurturing residential care for some of the most vulnerable young people in society. The business has been operating small care homes since 2004, and now offers long term therapeutic care across 18 sites.

Sandcastle operates an ‘in house’, proprietary therapeutic care model, providing tailored and consistent care to over 50 young people across Blackpool, Lancaster, Preston and Cumbria.

The deal represents Waterland’s 3rd UK platform investment and its 8th transaction since opening a UK office in 2017. Waterland is a Pan-European private equity house that specialises in buy and build strategies and is investing from its 7th fund, which stands at €2bn.