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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Cardiff care firm acquires first premises in Rhondda following six-figure funding

A specialist social care firm, which has 13 different services in Cardiff, has taken its first premises outside of the capital.

React Support Services has taken on a new site in Rhondda Cynon Taff following six-figure funding from the Development Bank of Wales.

The firm has been able to purchase and convert a premise in the town into eight supported living apartments after receiving a £650,000 loan from the £500m Wales Flexible Investment Fund.

Read more: British Business Bank expands start up loans programme in Wales

The new site will have a 24-hour staff team supporting adults over the age of 18 in the community with mental health conditions and learning difficulties to live an independent life.

This is the first expansion out of the capital city for the firm which has opened 13 different services in the Cardiff area since 2009.

React works with 15 different local authorities and health boards to provide a service that continues to meet the needs placed on services today.

Managing director Andrew Donnelly said: “We’re really pleased to have worked alongside the Development Bank to secure this new site, which will allow us to provide specialist support to individuals within the Rhondda Cynon Taff area.

“The quick turnaround of the deal allowed us to secure the site at auction, and put us in the position to start renovation work on the building straight away– meaning it will be ready for new individuals shortly.”

The deal was handled by senior investment executive Navid Falatoori and investment executive Sally Phillips at the Development Bank.

Ms Phillips said: “We are fortunate to have worked alongside the passionate and dedicated team at React, who work incredibly hard to provide a unique service in a high-demand field, supporting individuals and families in difficult circumstances.

“Care and health services are key part in the Welsh Government’s foundational economy - and given the impact of the pandemic on care providers like React, it’s all the more important that we are able to support them.

“Their track record of working with health boards and local authorities to provide specialist care – and their status as a Real Living Wage employer – make us proud to have worked with them in achieving this deal.”

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