Simply UK has acquired six purpose built care homes across Yorkshire and Nottinghamshire and leased them to Portland Care Group.
Acting on behalf of the vendors, Anita Allen of Bespoke Care managed the ‘off market’ sales process and confirmed the sale concluded for an undisclosed sum.
Portland Care Group said that these transactions will add six care homes comprising 498 beds to its portfolio.
Managing Director of Portland Care Group, Rob McDonald, said: “We are delighted to have completed this acquisition. The addition of these 6 x purpose built care homes is a further step in our plan for growth.”
Agent for the sellers were: Anita Allen of Bespoke Care, Sheffield.
Solicitors for the sellers were: Trevor Bird, Amy Hallam, directors, and Morgan Summerfield, paralegal corporate, of BRM Solicitors, Sheffield and Sarah Rowland, director, and Matthew Lilly, solicitor of BRM Solicitors, Chesterfield and Elizabeth Harris and Ian Osborn of Best Solicitors, Sheffield.
Solicitors for Portland Care Group were: Steve Edgecombe, partner, Edwin Truesdale, legal director, DLA Piper Scotland LLP, Dean Peachy, senior associate, Harvey Clark and Kate Roden, associates, DLA Piper UK LLP.