Lifeways Community Care
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Lifeways Community Care - overview
Established
1995
Location
London, -, UK
Primary Industry
Healthcare
About
Lifeways Community Care is a UK-based organization dedicated to providing diverse care services, including supported living and mental health support, aimed at enhancing independence for individuals with various needs. Founded in 1995 and headquartered in London, UK, Lifeways Community Care specializes in care services that promote independent living. In June 2012, OMERS acquired the company from August Equity for GBP 207 million, marking a strategic pivot in its business operations. Andrea Kinkade serves as the CEO.
Lifeways provides a comprehensive suite of care services focused on supported living, residential care, and mental health support. Their offerings are centered on enabling individuals with diverse needs, including mental health challenges and learning disabilities, to live independently. Launched in 2022 as part of their Transformation Plan, Lifeways has invested in facilities and training to improve care quality, tailoring support plans in collaboration with clients and families. They serve nearly 5,000 individuals across the UK, fostering personal growth and community connections.
In the most recent fiscal year 2024, Lifeways reported a revenue of GBP 369,899,290. 70 and an EBITDA of GBP 27,210,691. 30. Their revenue model encompasses direct client relationships and partnerships with local authorities, primarily funded through government support, personal contributions, and insurance payouts.
Over 83% of their locations received good or outstanding ratings from the CQC, reflecting their commitment to high operational standards. Lifeways is focused on expanding its services both organically and through acquisitions following the acquisition by OMERS in June 2012. The rationale behind this strategy includes enhancing existing services and potentially introducing new products to better meet client needs. Specific geographic regions for expansion have yet to be publicly detailed, but the company aims to grow its presence in supportive care markets as part of its ongoing development initiatives.
Primary Industry
Healthcare
Sub Industries
Home Healthcare, Nursing Homes & Assisted Living
Website
www.lifeways.co.uk
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Lifeways Community Care - timeline of key events
Lifeways Community Care - financials
| Fiscal Year Ended | May 31, 2009 | May 31, 2010 | May 31, 2011 | May 31, 2012 | May 31, 2013 | Aug 31, 2014 | Aug 31, 2015 | Aug 31, 2016 | Aug 31, 2017 | Aug 31, 2018 | Aug 31, 2019 | Aug 31, 2020 | Aug 31, 2021 | Aug 31, 2022 | Aug 31, 2023 | Feb 29, 2024 | Feb 28, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 150,000 | 170,000 | 147,500 | 280,417 | 355,000 | 772,116 | 2,591,209 | 230,126,898 | 242,757,219 | 266,898,265 | 264,204,203 | 261,014,315 | 265,511,829 | - | - | - | - |
| % Revenue Growth (YoY) | - | 13.3% | (13.2%) | 90.1% | 26.6% | - | - | 8781.1% | 5.5% | 9.9% | (1.0%) | (1.2%) | 1.7% | - | - | - | - |
| EBITDA (USD) | (339,173) | (195,973) | (486,005) | (1,073,756) | 138,793,033 | 4,049,125 | 730,993 | 22,782,565 | 15,551,653 | 145,157,532 | (34,397,385) | 4,611,230 | 2,538,835 | - | - | - | - |
| Operating Income (USD) | (440,705) | (395,890) | (762,541) | (1,534,200) | 138,234,137 | 3,585,900 | 209,170 | 1,734,717 | (6,587,896) | (43,081,551) | (58,843,193) | (19,851,944) | (19,948,814) | - | - | - | - |
| Operating Margin | (293.8%) | (232.9%) | (517.0%) | (547.1%) | 38939.2% | 464.4% | 8.1% | 0.8% | (2.7%) | (16.1%) | (22.3%) | (7.6%) | (7.5%) | - | - | - | - |
| % EBITDA Margin | (226.1%) | (115.3%) | (329.5%) | (382.9%) | 39096.6% | 524.4% | 28.2% | 9.9% | 6.4% | 54.4% | (13.0%) | 1.8% | 1.0% | - | - | - | - |
| NET Income (USD) | 407,067 | (6,211,656) | (16,990,277) | (13,684,244) | 134,819,638 | 2,665,046 | (3,702,694) | (3,075,695) | (4,242,635) | (47,747,716) | (67,831,560) | (29,948,228) | (29,015,163) | - | - | - | - |
| % Net Margin | 271.4% | (3653.9%) | (11518.8%) | (4880.0%) | 37977.4% | 345.2% | (142.9%) | (1.3%) | (1.7%) | (17.9%) | (25.7%) | (11.5%) | (10.9%) | - | - | - | - |
Lifeways Community Care - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct, Trade Sale | Completed | Lifeways Community Care | - | ||||||||
| Add-on | Completed | Oaklands Community Care | - | ||||||||
| Add-on | Completed | Support Options Ltd | - | ||||||||
| Add-on | Completed | Inclusive Lifestyles Ltd | - | ||||||||
| Add-on, Trade Sale | Completed | The SLC Group | - |
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Lifeways Community Care - employee data
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