Altius Group enjoys strong start to Q1

By Altius Group

26 Apr 2021

Altius Group have made a strong start to the first quarter of 2021, completing a record 74 transactions in the first three months. In addition to our completions we have agreed sales on a significant number of businesses with a strong pipeline of deals due to complete in Q2.

The Group has also seen a 60% increase in buyer enquiries for new business opportunities across all sectors and buyers recognise the growth potential offered in 2021.  

The Group, which consists of Redwoods Dowling Kerr, Kings and Bruce & Co, published their respective 2021 market reports in January. In those reports, we predicted that this year will be a strong year for M&A activity, and we are in line with our expectations, which are starting to be met with a variety of deals announced throughout the UK.

At the end of 2021, the Group has achieved the following:

Redwoods Dowling Kerr

Childcare and Education

The childcare team have enjoyed an exceptional first quarter of 2021. Our industry leading negotiators have completed 28 deals so far including 12 in March, which represents a new company record for ourselves. In recent weeks, we have sold The Rainbow Montessori in Reading, Tarleton Day Nursery in Preston, and Playbox Day Nursery located in Derbyshire.

In addition, RDK have received an increase in buyer enquiries looking to acquire childcare settings which surpass pre-Covid levels. This is an excellent achievement by the team and further indication that the market is positive for deal activity in 2021.

Healthcare

Our healthcare division has also enjoyed an excellent start to the year, with 19 deals completed in the first quarter – 10 in March alone, a new record for the team. Highlight deals include Belgravia Care Home in Blackpool, sold to an existing operator and Project Wicker, a group of two historic care homes based in Accrington, purchased by a group of doctors.

Kings and Bruce & Co

It’s also been a strong start for corporate, hospitality and retail businesses, as the team completed 23 combined deals in March. Notable deals included the successful sale of Lee & Homes Funeral Directors, sold to an existing operator, St Andrews B&B in Scotland, and The Carrosserie Company, purchased by a corporate organisation. Buyer enquiries in retail and hospitality sectors have increased as the market is expected to enjoy a ‘staycation boom’, and we have several deals scheduled to complete throughout Q2 and Q3.

CEO, Paul Miller, said: “We’ve had a strong start to Q1 and all divisions of Altius Group have performed well. We’ve completed an impressive 74 deals in the first three months which is an excellent achievement.

“We have expanded the team to meet the surge in demand for our services and to retain our position as the UK’s number one dealmaker. The M&A sector has proven to be highly resilient after a challenging 2020 and we expect the volume of acquisitions to rise throughout the course of 2021.”

Sales and marketing director, Andrew Steen, said: “The Group have enjoyed a positive start to Q1, with an array of deals completed in various SME and corporate sectors.

“The team has expanded to meet the increase in buyers looking to acquire businesses and we have several deals in the pipeline scheduled to complete in the coming weeks.

“The outlook for 2021 remains positive and we need to see the respective UK governments deliver on their roadmaps to reopen the economy, which in turn will drive growth and prosperity.”

Latest news

1

VARS Technology team up with debt resolution specialists to fight fuel theft David Nichol John Garnett Aydan Jones and Laura Tilley

VARS Technology team up with debt resolution specialists to fight fuel theft

12 Sep 2025

2

University of Lancashire unveils Preston campus installation to celebrate name change University of Lancashire new feature

University of Lancashire unveils Preston campus installation to celebrate name change

12 Sep 2025

3

PM+M welcomes ten new apprentices for 2025 intake Lucy Field, Kate Walsh, Ellie Fisher, Zainab Aswat, Reece Jones, Aisha Bibi Patel, Finley Vila, Uzair Zariwala, Richard Prest, and Charlie Harrison

PM+M welcomes ten new apprentices for 2025 intake

11 Sep 2025

4

ROCCIA strengthens commercial division with senior appointment Andrew Grove

ROCCIA strengthens commercial division with senior appointment

11 Sep 2025

5

Final call for investors: Rossendale community solar project must hit target by November Gary McEwan managing director of Interfloor

Final call for investors: Rossendale community solar project must hit target by November

10 Sep 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Sub36 Networking - Follow the signs
Sub36 Deaf Village Social1200
Networking
17 Sep 2025

Sub36 Networking - Follow the signs

The Deaf Village, Blackburn, BB2 5EN

10:00 - 12:00

LBV124 September/October Launch Event
MBP Arc Cinema Preston Opening 205
Networking
18 Sep 2025

LBV124 September/October Launch Event

The Arc Cinema, Preston, PR1 2BL

08:30 - 10:30

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

Longridge Soap Box Derby
Screenshot 2025-06-10 090035.png.png
LBV Hub Fundraisers
14 Sep 2025 - 14 Sep 2025

Longridge Soap Box Derby

Berry Lane, Longridge, PR3 3WH

10:00 - 16:30

Preston Tech Connection - The Ultimate Tech Quiz!
Preston Tech Connection Sept 25.png.png
LBV Hub Networking
16 Sep 2025 - 16 Sep 2025

Preston Tech Connection - The Ultimate Tech Quiz!

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:00

The Business Network Central & East Lancashire
LBV Hub Networking
17 Sep 2025 - 17 Sep 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

Your Business, Your Region: Making sense of devolution and Local Government Reorganisation
Chorley Council breakfast event new
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Your Business, Your Region: Making sense of devolution and Local Government Reorganisation

Worden Hall, Leyland, PR25 3DH

08:00 - 11:00

Preston Freelancer Meet-Up: September
Sept Freelancer (1).png.png
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Preston Freelancer Meet-Up: September

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Speed Networking with BNI
2.png.png
LBV Hub Networking
24 Sep 2025 - 24 Sep 2025

Speed Networking with BNI

Chorley Football Club, Chorley, PR7 3DU

16:00 - 19:00

The Marketing Meetup IRL: Lancashire - September
TMM Lancashire
LBV Hub Networking
25 Sep 2025 - 25 Sep 2025

The Marketing Meetup IRL: Lancashire - September

Chorley, PR7 2SL

18:00 - 20:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV 123 Online Graphic
Subscribe now

Weekly news bulletin