The corporate team at UK law firm Shoosmiths has advised August Equity LLP on its sale of supported living specialist Aspirations group to Elysian Capital II LP.
Aspirations is a specialist provider of supported living services for adults with learning disabilities and complex needs, with revenue of over £22 million to March 2019. Aspirations has grown significantly since its inception in 2011, and now provides support to over 650 adults across the UK and employs more than 950 staff.
Corporate partner James Foster advised on the sale and was assisted by senior associate Simon Procter and associate Natalie Hager.
James said: “We are delighted to have advised August Equity on the successful divestment of the Aspirations group. The Shoosmiths team has worked incredibly hard together with August Equity, management and the wider advisory teams to deliver a complex transaction - it has been a fantastic team effort.”