A guide explaining how foster care has become a lucrative business, and recently been identified as a 'growth market'.

1. The Growing Foster Care Market
How Much Can a Foster Care
Business be Worth?
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2. This simple guide explains how foster care has
become a lucrative business, and in recent
times, been identified as a ‘growth market’.
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3. Foster Care: A Growth Market
Foster care placements are still paid for publicly, but they are increasingly
being organised by private companies for a profit.
The number of children who need foster care in the UK is rising, meaning that
it is now being recognised as a ‘growth market’.
Last year in England alone, almost 70,000 children were placed into foster
care. The support they receive from their carers, can make a huge difference
to their lives.
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4. To help us understand the potential worth of a
foster care business, we have provided details
about some of the largest foster care companies in
the country.
The majority of this research has been taken from a
recent survey, by the Corporate Watch website.
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5. Foster Care Companies
1. FOSTER CARE ASSOCIATES: Founded by carers, it it biggest foster care
company in the UK. The income from foster care in 2014 was £127.2m
2. NATIONAL FOSTERING AGENCY: The income from foster care in 2014 was
£94.5m
3. ACORN CARE & EDUCATION: Owns ‘Fostering Solutions’, the income from
foster care in 2014 was £73.1m
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6. Copyright © 2015 TCI Pathway
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Foster Care Companies: How Much Are They Sold For?
BY THE BRIDGE: Based in Borden, this foster parent company
was sold by the private equity owners in March 2015, for £36
million.

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Foster Care Companies: How Much Are They Sold For?
NATIONAL FOSTERING AGENCY: This second largest private
fostering agency business in the UK was sold to Graphite Capital
in 2012, for around £180 million- according to ‘The Telegraph’.

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Foster Care Companies: How Much Are They Sold For?
THE ONTARIO TEACHER’S PENSION PLAN: This company took
£1.9m in 2014 from company partnerships alone in Children’s
Service- a group that consists of several foster care agencies.

9. Independent Fostering Agency: Setting Up & Growing
Your Business
You will need:
• An Ofsted registered provider
• A registered manager for the agency
• A Statement of Purpose
• A Children’s Guide (a summary of the statement of purpose)
• Policies and Procedures, as outlined in Fostering Services: National
Minimum Standards 2011
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www.tcipathway.co.uk

10. Copyright © 2015 TCI Pathway
www.tcipathway.co.uk
Everything starts with a conversation, so let’s talk:
Safaraz Ali
Linkedin: https://uk.linkedin.com/in/safaraz
Twitter Handle: @SafarazAli
Tel: 0121 707 0550