Independent fostering agency in the South East sold by Christie & Co
Specialist business and property adviser, Christie & Co is delighted to announce the sale of Moments Fostering Ltd – a highly regarded and well established independent fostering agency located in the South East.
Starting in the sector as foster carers themselves, the company was founded by Linda and Ivor Croft in 2000 and since then, their son and daughter, Daniel and Kellie, have joined the business to aid in its growth and development. The agency has an excellent track record for successful placements and has prided itself on positive outcomes for children, focusing on their strong culture of delivering the highest quality service and care. During their ownership, the company has demonstrated strong organic growth and at the point of sale, placements were at a 17 year high.
The project was confidentially introduced to the market earlier this year and immediately generated an enviable level of interest with multiple bids being received. Rosie Adlem, Associate Director at Christie & Co who managed the transaction on behalf of the vendor comments, “Demand for good quality independent foster agencies of all sizes remains very high across the UK and the interest received on Moments Fostering clearly demonstrates this. I was thrilled to be appointed by the Directors to act on their behalf and cannot thank them enough for their commitment and drive throughout the entire process. I wish them all the very best in their future endeavours.”
Following their 17 years of ownership, along with their further extensive experience within the sector, Linda Croft comments, “We started Moments Fostering to make a difference to children’s lives and I’m proud to say that we have all achieved that – it’s been an amazing, emotional and wonderful journey. I always knew that I would need an exit plan from Moments Fostering and I would like to say that Rosie Adlem through Christie & Co has enabled me to achieve that, having been acquired by an outstanding Agency. I would like to thank everyone that we have worked with over the years and I strongly believe that Moments Fostering will continue with very high standards for positive outcomes for children with the highest quality service and care.”
Daniel Croft adds, "For me, it was about the continuation of what we'd already built being passed on in the right way. Right from the first meeting with Rosie, we felt it was right. Every step of the way we've had access to advice and help, and have built a relationship of trust that’s seen us to the finish line and has allowed us to pass on our business to new owners that understand it and care for its future. I couldn't ask for more.”