Altius Group announce record October for businesses sold

Altius Group Limited, the UK’s leading boutique business brokerage network, are delighted to announce a record month of transactions for October, with an impressive 31 business sales completed across their diverse range of sectors.

Headquartered in Lancashire, Altius Group includes renowned brokerage firms including Altius Corporate Finance, Kings Corporate, Redwoods Dowling Kerr, Kings Business and Bruce & Co. Together, they have experienced unprecedented sales activity in October, notably throughout the healthcare, childcare and corporate markets.

Significant transactions included the sale of Angels by Day Limited, a Nottingham-based childcare group of two nurseries, to Kids Planet Limited. Facilitated by Redwoods Dowling Kerr, a leading broker in the childcare industry, this acquisition expands Kids Planet’s footprint to over 200 nursery locations across the UK.

Redwoods Dowling Kerr also brokered the sale of Glamorgan Care Limited, a Porthcawl-based residential and domiciliary care provider, to My Choice Healthcare South Wales. This strategic acquisition strengthens My Choice Healthcare’s network, now comprising of nine care facilities throughout South Wales. The specialist healthcare broker have additionally facilitated the sale of Apley Lodge Residential Home in Pembrokeshire, sold to an existing corporate buyer in the sector.

In the corporate sector, Kings Corporate completed the sale of Ceejay Construction Limited to Edison Alchemy Limited. Known for its 30 years of excellence in commercial building and housing contracting, Ceejay Construction’s acquisition enhances Edison Alchemy’s market presence across the North of England.

Altius Group’s retail and leisure brokerage brands, Kings Business and Bruce & Co, saw similarly robust sales activity, including the completion of Cheese on the Green, a specialist cheese retailer in Warwickshire, and Bettyhill General Merchants in Thurso, which attracted a first-time buyer.

Buoyed by October’s success, Altius Group anticipates continued momentum, with the recent Autumn Budget expected to stimulate further enquiries as business owners evaluate their exit options.

Andrew K. Steen, Managing Director of Altius Group, commented: “October has been an outstanding month for us, evidencing our expertise and commitment to service excellence. Looking ahead, we anticipate further consolidation within the childcare and healthcare markets, alongside robust M&A activity in the corporate sector.

"As we continue to grow, our goal remains to provide a seamless, client-focus service that upholds the trust and reputation we have built within the industry.”

Paul Miller, Chairman at Altius Group, added: “This record-breaking month reflects the strategic focus and adaptability of our brands. I am very proud of what the team has achieved; we are thrilled to be closing 2024 on a high note and are confident that we will build on this momentum into the New Year.”

This record-breaking month reinforces Altius Group’s leadership in business brokerage, as they continue to deliver expert guidance through their bespoke Corporate Sales Process across a growing network of sectors in the UK.