“This investment by MML Ireland will allow Irish HomeCare to expand nationally and recruit additional care staff, enabling us to increase our care services across the country.”

John Florence, CEO, Irish HomeCare

Irish HomeCare

irishhomecare.ie
Partnered with management to support the MBO of the business from the founding shareholders.

The business

Irish HomeCare is a leading provider of domiciliary care across Ireland.

The deal

Irish HomeCare was established in 2005 in the northeast of Ireland but has grown to become a national provider operating from ten offices with an excess of 750 care staff across the country. The company has a proven track record in quality of care, a blue-chip customer base and very strong industry dynamics. MML Ireland worked with the CEO, John Florence, to unlock the deal, investing alongside John and the management team to acquire the business from the founders. Since investing, MML Ireland has created a sweet equity pot for the wider management team, established a new non-executive board structure, including a Chairman, and recruited a new CFO.

Fund
MML Ireland Fund II
Region
Republic of Ireland
Deal Status
Realised
Sector
Healthcare

Associated deal team

Rory Quirke

Partner and Co-Head of Investments

Stephen Minogue

Investment Director

MML investor portal logins

For investors in MML Ireland Fund I, MML Ireland Fund II & MML Fund VI

For investors in MML Fund VII