Shakespeare Martineau advises Belmont Healthcare on acquisition of care home
Our healthcare team has helped complete the acquisition of Haslington Lodge care home, in Kent, by care service provider, Belmont Healthcare. The acquisition is worth in excess of £2 million.
Dignity and respect are core principles at Belmont Healthcare. The business provides high-quality care to those who are most vulnerable, and specialises in looking after people with dementia and Parkinsons.
Haslington Lodge is a semi-purpose-built home that supports residents with constant care of a non-nursing nature. It has 46 bedrooms, many of which are en-suite.
To ensure comfort and a supportive environment, the units have a family-feel. Residents are encouraged to relax in communal spaces and take part in group activities.
Shakespeare Martineau advised on all legal aspects of the acquisition, including undertaking due diligence, negotiating acquisition documents and liaising with funders.
Over the last year, Belmont Healthcare has acquired two care homes, with Haslington Lodge being the second. March 2018 saw the business take over Edendale Lodge, a home in Crowhurst, East Sussex.
Roger Harcourt, head of healthcare at the firm, said: “The acquisition of Haslington Lodge is great news for Belmont. Each home that is added to the Belmont brand allows the business to broaden the reach of its excellent care services. The critical mass achieved through the purchase will help to continue this expansion. Belmont are dedicated to providing high-quality care for the elderly, and this is where its success stems from.
“The past year has allowed us to form a solid bond with Belmont and this deal highlights their skill at acquiring and integrating new businesses with great success.”
Adam Hutchison, managing director at Belmont Healthcare, said: “Haslington Lodge is an exciting addition to our family of care homes. We hope that we can nurture the home and its staff so that it becomes a model care home that others look to as an example of high-quality support.”