My Tribe funding
We are delighted to have provided a significant growth capital facility to residential children’s home service provider My Tribe, that allows them to realise their plans to expand across the South East.
Founded in July 2021 by Poonam & Ravi Sharma, My Tribe accommodates children with a variety of social, emotional and mental health needs.
Through its’ diverse and highly experienced management team, therapeutic model, and strong team culture alongside strong regulatory outcomes, My Tribe has built a strong reputation in a short time, generating very strong demand for their services, both locally throughout the South East and nationally.
“A clear passion and drive to ensure the best possible outcomes for children and to ensure that they are loved, protected and supported.” (Ofsted Report, April 2023)
The group currently has two operational family homes; Phoenix House, and Aurora House, situated within walking distance to Maidstone Town Centre. The funding provided assisted them to acquire Lotus House and Nova House which are due to be operational in the coming months with the group looking forward to welcoming the new My Tribe family members.
The partnership will support the group’s ambitious growth strategy. Further sites have been sourced as the business aims to expand over the next few years to transform the lives of more vulnerable children nationwide.
ThinCats were advised by Jody Bingham, Yuliia Kucherenko & David Penwarden from Hugh James solicitor firm and Peter Scholes/Alison Willoughby of Colliers on the transaction.
My Tribe were advised by Daniel Pinheiro, Layla Banfield, Simon Stone & Claire Wheatley of RWK Goodman Solicitor’s.
We are delighted ThinCats are supporting our mission to deliver love-led, transformational outcomes to vulnerable children in the South East. This will help us in taking a small step towards tackling the current sufficiency crisis. Satyen and the team understand this sector well and are fully aligned with our ethos and values.My Tribe
Satyen Shingadia, Relationship Director Healthcare, ThinCats commented: “I have known Ravi and the family for over 15 years and am delighted to have supported him and Poonam in their mission to provide high quality homes with a strong focus to transform the lives of the children under their care. We look forward to supporting their ambitious future plans for expansion across the South East.