Care Home Business Acquisition

 

Deal Type

Birkett Long LLP continues to assist Healthcare Homes Group's expansion with latest acquisitions

Deal Size

Multimillion pound deal

Sector

Care Home

About the deal

  • Healthcare Homes Group’s residential and nursing home portfolio increased to 37 homes across the South and East of England
  • Complex transactions involving a US real estate investment trust
  • Two deals completed in February and March 2018 for an undisclosed sum

Birkett Long LLP has helped Healthcare Homes Group boost their portfolio of residential and nursing homes to 37 homes, following the acquisition of two care homes in February and March 2018 under two separate transactions.

Healthcare Homes Group provides care and support to individuals either in the group’s homes, or via its homecare service, across East Anglia and the South of England. The Old Vicarage, in Dorset, and Haughgate House, in Woodbridge supports the group’s increasing geographic reach.

Birkett Long LLP advised Healthcare Homes Group on all legal matters relating to both acquisitions, working in conjunction with Real Estate Investment Trust, Omega Healthcare Investors Inc. lawyers, Arnold & Porter, addressing some complex structural arrangements to reflect the two party buyer nature of the deals. The Birkett Long team was led by Head of Commercial & Corporate Finance, Tracey Dickens, assisted by team member Tim Field, Martin Hopkins (Employment) and Melanie Bache (Commercial Real Estate).

What our client thought

“It is with delight we can confirm two recent acquisitions this year. We are excited to increase our portfolio of homes to 37 and look forward to further growth in the future. Healthcare Homes Group have sought legal professional assistance from Birkett Long for 13 years. The highly reputable firm have always provided explicable legal solutions.” Matt King, Group Finance Director for Healthcare Homes Group