Home care director completes management buyout of Auckland Care

The director of the home care firm Auckland Care has completed a management buyout (MBO) of the Hampshire-based business.

Auckland Care cares for 65 people with mental health, learning disabilities and autism and operates from five properties.

Auckland Care director Trinity Mnowenu, who joined the business in 2014, said the company aims to expand and launch its new supported living care group as part of the MBO and acquisition.

The MBO was supported by commercial financial broker Christie Finance.

'Worth every ounce of effort'

Trinity Munowenyu said: “I am pleased to share that, without reservation, working with Christie Finance over the past few months in my endeavours to secure funding for my business in the South of England has been fulfilling and worth every ounce of effort."

Jimmy Johns, associate director at Christie Finance, said: “Despite the current economic conditions and pandemic, we were able to obtain support for Trinity and the team to buy out the exiting Director.

"Although, at times, it was challenging, we quickly established that this was an excellent business with an incredibly bright future ahead. I wish them all the very best.”

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