Nurseplus

Investment Background

Nurseplus was set up in 2005 to supply agency care workers and nurses to nursing homes, residential care homes and private hospitals, alongside providing care in the home. By 2014, the business had 35 branches.

In 2014 Sovereign backed the Nurseplus founding management team 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
Service line diversification into Home Care
Head of Technology appointed to enhance the candidate experience and enable self-appointing of candidates to shifts
As part of founder succession planning and to further professionalise the business through newly established roles, a new CEO, CFO and Chairman were identified.

The Story So Far

Having firmly established the business in Southern England, there continues to be opportunities to roll-out the Nurseplus offering further. We have helped enable the business to expand its presence 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 and training being standardised and delivered in a consistent way to every branch alongside: investment in IT systems, senior staff, infrastructure and processes. In addition a centralised Recruitment Support Hub has been established in Liverpool to support the larger network of branches in aspects such as candidate screening, validation and on-boarding.

Today Nurseplus has over 50 branches UK wide and is a top 10 provider.

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 & NED / Nurse Plus

Nurseplus Awards

Health Investor 2020 - Winner

Health Investor 2018 - Winner

Recruiter of the Year 2017 - Winner

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