Sovereign makes fourth hire in recent months Read more

  • Status: Current
  • Date: 2014
  • Sectors:
    • Healthcare & Pharma Services
    • Business Services

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Nurse Plus

Nurse Plus is a leading specialist provider of staffing and domiciliary care solutions for the healthcare industry. Sovereign has backed the management team to grow the business organically.

Investment Background

Nurse Plus supplies agency care workers and nurses to nursing homes, residential care homes and private hospitals, alongside providing care in the home. Since being formed in 2005, the business had grown from 3 branches to 35 to become a top 10 provider.

In 2014 Sovereign backed the Nurse Plus founding management team led by Heath Blake, CEO to grow the business organically by rolling-out new branches in existing locations and in complementary regions of the UK.

Value Creation

  • Grown from 35 branches at investment to over 50
  • Geographical diversification
  • Strengthened the management team with the appointment of Bill Colvin, Chairman

The Story So Far

Having firmly established the business in Southern England, there is opportunity to roll-out the Nurse Plus offering further. To enable this, an extensive pilot scheme of new branches has been rolled-out in the Midlands and North of England, reaching new areas and new demographics.

When scaling up, ensuring that client service delivery is consistent and constant is key and this has required investment. Sovereign has been fully supportive of providing the mid-term funding necessary to allow the business to continue to scale. This has seen the back office administration being standardised and delivered in a consistent way to every branch alongside: investment in IT systems, senior staff, infrastructure and processes.

Today Nurse Plus has grow to over 50 branches UK wide.

Sovereign continues to work with the management team to expand the business further to meet the increasing demand for its services.

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In their own words

We are delighted to be working with the team at Sovereign to help take Nurse Plus to the next stage of its development. The quality of our business is fundamental to it success and by working with an investor who understands quality in healthcare, we are excited by the future growth opportunities available to Nurse Plus.

Heath Blake / Founder / Nurse Plus

Nurse Plus Awards

Health Investor 2018 - Winner

Recruiter of the Year 2017 - Winner

Investing in Talent 2017 - Shortlisted

Observer and Gazette Business Awards - Employer of the Year 2017 - Winner