A sale to Ignite Growth LLP, providing continuity, fresh leadership support and a platform for expansion.
The client
Founded in 2019 and based in Hampshire, Acorns is a specialist supported living services business providing care for adults with learning disabilities, autism and complex mental health disorders. Acorns specialises in looking after some of society’s most vulnerable people in the community rather than in a residential care setting.

What we did
## K3 Deal Advisory director Calvin Bond and manager Darra McCarthy-Paul led the sales process for Acorns on behalf of the shareholders. The K3 Deal Advisory team generated competitive interest through a carefully planned marketing process, ultimately engaging with Ignite Growth LLP as the preferred bidder.
## Prior to Ignite’s investment, Acorns was owned by its founder and CEO, Sue Vaughan, together with a group of angel investors. Ignite’s investment provides a retirement solution for founder Sue, who will remain a consultant to the business. Two highly experienced managers of specialist health and social care businesses Cass Palmer and Paul Callander were brought in as part of the transaction, as CEO and Chairman respectively. All other employees and team members will remain in place and continue to manage the business.
## Ignite Growth is an investor focused on supporting the growth of ambitious, fast-growing companies. Ignite plans to work closely with the management team to build the business organically in Hampshire and the surrounding counties through ongoing investment in staff and culture and through partnerships with property providers to source appropriate homes for service users.
Calvin, Darra and the K3 Deal Advisory team were great to work with and provided excellent support throughout every stage of the process, making a complex process easier and more straightforward for the business and the shareholders. They took the time to fully understand our business and our market and were able to generate significant interest from potential buyers. They were proactive throughout and were instrumental in finding the best home for our business and for getting the deal done. The business is in very good hands, and I am very excited about the future for Acorns.
Sue Vaughan, Founder of Acorns Healthcare, said
The K3 Deal Advisory team is delighted to have advised the Acorns shareholders on this deal. They have built a terrific business, which has found a great home to continue its journey with the team from Ignite. The transaction delivers continuity for Acorns with a supportive equity partner in Ignite Growth and takes the business forward into its exciting next phase of growth.
K3 Deal Advisory director Calvin Bond commented


