JMW Solicitors has advised a care operator on its recent acquisition of two homes.
A team from the Manchester law firm, led by corporate partner Scott Sands and solicitor Vicky Protano, advised Central England Healthcare Ltd on its acquisition of The Old Vicarage in Stoke-on-Trent from private owners Mr and Mrs Kilby. The Old Vicarage is registered to provide nursing care for 45 service users and is rated excellent by the Care Quality Commission.
Richard Wolff, partner and head of corporate recovery and insolvency advised the same Midlands-based operator on its purchase, from the administrators, of Eversleigh Nursing Home in Wolverhampton. Registered to provide nursing care for 84 service users, this is the company’s largest acquisition.
Chris King, corporate partner at JMW advised Central England Healthcare in relation to the refinancing of the group and in relation to the financing of the two acquisitions.
Sands said: “It’s pleasing to see a company that can see real opportunities for growth even when the economic climate is still somewhat uncertain.” |
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