Knightsbridge advised on the sale of Real People Ltd…
Real People provides support for vulnerable adults with learning disabilities and mental health issues, with the aim of enabling them to be independent.
The Essex-based business was founded by Nicholas Medlock and Belinda Mulreany in 2013, later achieving a CQC rating of ‘Outstanding’ in 2019.
The two shareholders offered Real People for sale to facilitate a retirement and to pursue alternative business opportunities, respectively.
Associate Director Sara Thomasson led buyer research, highlighting the company’s strong financial performance which has increased year-on-year in all areas.
Applications from 49 active buyers were submitted, which resulted in the Knightsbridge team holding 17 viewings with the most appropriate of suitors.
A total of 7 offers were made, allowing Knightsbridge to create competitive tension among the bidders – to maximise the value of the sale for our clients.
In just five months from going live on the market, in a substantial deal, Real People was acquired by Kent-based Chishwe Investments, founded by Ezekiel Mudzi in 2023.
Delighted to have excelled on our clients’ goals, Sara commented: “We are pleased to have supported the successful completion of this significant transaction.
“The Knightsbridge team congratulates both parties on reaching this important milestone and best wishes to all for continued success.”