Positive Independence

Positive Independence, a prominent East Midlands provider of children's residential care and supported living, has successfully secured a £4 million funding package from Growth Lending. This capital injection is earmarked for strategic property acquisitions and the refinancing of existing financial arrangements, bolstering the company's regional expansion.

Summary of transaction details:

• Value: £4,000,000
• Sector: Healthcare & Social Care
• Advisor: Not specified
• Key Entities: Positive Independence (Target), Growth Lending (Investor)
• Location: East Midlands, UK

Note: The funding addresses a critical local shortage of high-quality children’s residential homes, allowing Positive Independence to enhance and expand its provision of care for young people aged 8 to 18, maintaining its Ofsted 'good' or 'outstanding' ratings.