Partnerships in Children’s Services is a family of fostering agencies with a common determination to give looked-after children a better future. Sovereign has partnered the Group to develop its high quality services further and expand its geographic reach.
The founders of Fosterplus, both social workers, created an agency to operate with the best principles of fostering services. Sixteen years on, Fosterplus had grown into a nationwide provider. Keen to expand the agency, they looked for an outside investor that could take Fosterplus to the next stage of growth while respecting the organisation’s ethos and values.
Paul Snell said: “We were excited about the opportunity for Fosterplus to become a nationwide, premium, end-to-end provider of childcare services with Sovereign’s support. But while we were ambitious for the company, we were not prepared to throw aside everything that we’d created at Fosterplus. An external investor had to have a plan for growing the business that retained our ethos and values – the set-up had to be right for both of us and our staff. Sovereign listened to us and understood where we were coming from. Anyone can crunch numbers – you need people who understand the softer issues."
Sovereign invested in the agency to develop it further. Paul stepped back from the day-to-day running of Fosterplus whilst staying on as a non-executive director.
Fosterplus became part of the newly created Partnerships in Children’s Services (PiCS) Group; the objective of PiCS is the care and support of young people with quality as the cornerstone. Today PiCS comprises four fostering agencies which together provide care to over 1,100 children and young people. Each agency in the Group has retained its own unique identity and is focused on delivering the best possible outcomes to those in its care.
Sovereign continues to support the management team to develop the services offered whilst ensuring the quality of care provided remains at the heart of the Group’s offering.
PiCs is delighted to have been backed by Sovereign. Now, as the third largest provider in the UK, we continue to take pride in providing the highest quality of care to secure the best outcomes for the children we look after. The investment from Sovereign enables us to continue to grow and innovate without compromise.
Jo August / CEO / PiCS