Acquisition Overview
We recently supported Midlands Care in successfully acquiring three purpose-built, high-quality care homes in Leicestershire, with transactional and strategic advice on the purchase.
Care Homes Details
Parkhouse Grange Care Home, in Earl Shilton; Whetstone Grange Care Home, in Whetstone; and Enderby Grange Care Home in Narborough offer spacious rooms and communal spaces, as well as dedicated amenities and tailored care plans for individuals requiring personal care, including those with dementia and other health conditions.
Strategic Impact
The strategic acquisition takes Midlands Care’s portfolio of properties to 12 – significantly enhancing its capacity to provide high-quality care across the region.
Management Quotes
Shyamal Raja, managing director of Midlands Care, said: “With the addition of these homes and adjoining land for a planned purpose-built day care facility in 2025, we are well-positioned to enhance the already exceptional care we offer.
“Midlands Care now operates a total of 12 elder care facilities. All services work closely with one another and collaborate to improve outcomes within Leicestershire. I look forward to seeing the positive impact this acquisition will have on our services and the communities we serve.
“I would like to extend my sincere thanks to the Shakespeare Martineau team for their exceptional efforts in facilitating this deal on our behalf. Their dedication has been instrumental in ensuring the success of this significant step forward for our organisation.”
Roger Harcourt, corporate partner who led the deal, said: “This acquisition not only highlights Midlands Care’s ambition to expand but also reflects the team’s commitment to providing exceptional care.
“We’ve had the privilege of supporting Midlands Care in acquiring eight homes so far, and it’s been an exciting journey to witness the business’ continued growth. Each deal brings new opportunities for enhancing care services and community support, and we are proud to have played a part in this latest milestone.”
Team Contributors
The team also included associate Emma Ali (commercial property and development) and solicitor Charley McEvoy (corporate).
Financial Due Diligence
Financial due diligence was carried out by Rob Drake at Michells Corporate Finance, while Amit Sonpal and Lee Ekins at Barclays provided funding support.