LDC has successfully backed a management buyout of Taking Care from AXA Health, aiming to expand its telecare services for the elderly.

Information on the Target

Taking Care is a preeminent provider of technology-enabled care products and services, headquartered in Exeter, UK. Established in 1985, the company specializes in personal alarms, smart home monitoring solutions, and comprehensive monitoring and emergency call response services. These offerings are designed to assist elderly individuals in living safely and independently within their own homes.

With a customer base exceeding 150,000 throughout the UK, Taking Care has achieved remarkable customer satisfaction ratings. The company's financial performance has been robust, with an impressive revenue growth of 87% recorded between 2020 and 2024.

Industry Overview in the UK

The telecare industry in the UK is poised for significant growth, largely driven by the country's ageing population. As more individuals seek to maintain independence in later life, t