Whilst M&A within the care home sector got off to a solid start in early 2020, COVID-19 significantly reduced activity in the latter part of the quarter. A summary of the key deals is as follows:
Care Home Business Sales
Acacia Training's acquisition of Samuel Hobson House, the Staffordshire-based dementia care home (article link)
Avante Care and Support's acquisition of Canterbury-based nursing and dementia care home, Chaucer House (article link)
Burlington Care's acquisition of four care homes across Yorkshire and the East Midlands from Orchard Care Homes (article link)
Hartford Care's acquisition of Hampshire-based residential care home, Belford House (article link)
Healthcare Homes Group's acquisition of two Norfolk-based nursing homes, Saxingham Nethergate and Walcot Hall Nursing Home (article link)
Inspire Scotland's acquisition of Gladstone Child Care, the provider of residential children's services (article link)
Jasmine Healthcare's acquisition of Nightingale Care Home in Nottinghamshire from Midland Healthcare (article link)
Moorland Healthcare's acquisition of Harewood Park Care Home in Staffordshire, a provider of specialist residential care to young adults with mental illness, learning disabilities or acquired brain injuries (article link)
Mr Lakhvendar Sohal's acquisition of Milton House Nursing and Residential Home in Skipton (article link)
Rose Care Group's acquisitions of Wolborough Court and St Benets Court in Newton Abbot, Greycliffe Manor in Torquay and Bishopsteignton House in Teignmouth (article link)
Sale and Leaseback Transactions
Impact Healthcare REIT's acquisition of nine Scottish care homes from Holmes Care Group for a value of £47.5m (article link)
Impact Healthcare REIT's acquisition of three care homes in Bradford from Victorguard for £7.5m, which will be operated by Silverline Care post completion (article link)
Aedifica's acquisition of five purpose built care homes from Maria Mallaband Care Group and Bondcare Group for £61m (article link).