Alantra Partners
Alantra Specialist Care Fast 50 Report 2023
Pages
15
Time to read
53 mins
Publication
Language
English
Pages
15
Time to read
53 mins
Publication
Language
English
The Alantra Specialist Care Fast 50 report is an annual ranking that highlights the fastest-growing, privately-owned specialist care businesses in the UK. This year's report reflects on the resilience and adaptability of the sector over the past five years, particularly in the face of challenges such as the Covid-19 pandemic and ongoing regulatory changes. The report notes that many businesses have achieved significant growth, with an average annual revenue increase of 28% over the past two years, surpassing previous records. The report also discusses the impact of rising operational costs, particularly in staffing, and the challenges of negotiating fees with local authorities. Additionally, it introduces a new category for supported living and complex homecare services, recognizing the growing demand in this area. The methodology used for the rankings remains consistent, focusing on the compound annual revenue growth rate of specialist care providers. The report aims to provide insights into the sector's performance and the vital role these businesses play in delivering care to vulnerable individuals.