Merios Group

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A new standard in care

The OMMG launches Merios Group: the Care Homes of the Future

Today Feisal Nahaboo, founder of the Overnight Multiple Merger group (OMMG), announced the launch of Merios Group, a planned consolidation of over 200 care homes across the UK and Ireland. This marks the third such ‘overnight’ multiple merger for the group, with ambitions of building a Top 10 care home business within five years, achieving at least FTSE 250 status.

The first OMM saw the creation of Xeinadin, a 122-independent accountancy firm merger, and the second, Alitam, a game-changing group of 200+ UK & Ireland pharmacies. Merios will benefit from existing links with Xeinadin accountants and Alitam pharmacies: accountancy expertise is already well established with member care homes; and Alitam pharmacies have served many care homes for years, providing medicine and expertise.

Says Merios founder, Feisal Nahaboo, “Merios is the New Standard in nursing home care, a planned formidable group of visionaries who are regenerating a tired model with boundless passion, expertise and future focus. This is a saturated market, mired in antiquated ways of working and old ways of thinking. We aim to offer the elderly people of the UK and Ireland more control over their well-being, greater individual care and attention, and the quality of life this extraordinary generation deserves. With an ageing population in the UK and Ireland, this sector is extremely attractive to investors, and the time is right for Merios to make its mark. With the support of over 100 accountancy firms and 200 pharmacies, we will headhunt the very best care homes on their expertise, specialisms and profitability. I’m confident with so much support that Merios can surpass the monstrous success of Alitam and create a new world record of overnight multiple mergers.”


Waseem Yasin

Financial Director

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Kirk Weatherley

UK Business Development Director

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Michael Ghersie

UK Business Development Director

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Michael O’Mahony

Ireland Business Development Director

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Sukhjit Gill

Head of Integration

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Date:

May

25

2021

posted by:

Merios

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Meet the Management Team

Feisal Nahaboo

Founder

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Geoff Claughton

Chairman

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Waseem Yasin

Financial Director

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Kirk Weatherley

UK Business Development Director

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Michael Ghersie

UK Business Development Director

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Michael O’Mahoney

Ireland Business Development Director

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Sukhjit Gill

Head of Integration

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Hugh Foster

Non Executive

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