RCB Healthcare Group Expands With Kent Care Business Acquisition
Kent-based care group, RCB Healthcare Group, has acquired a successful care business which comprises The Priory Mews Care Home and Woodford House Care Home in Kent. This purchase marks the group’s largest acquisition to date.
Kent-based care group, RCB Healthcare Group, has acquired a successful care business which comprises The Priory Mews Care Home and Woodford House Care Home in Kent. This purchase marks the group’s largest acquisition to date.
The two ‘Good’ rated homes, which are located on the same charming and tranquil site in Dartford, Kent, are purpose-built and boast a combined capacity for up to 177 residents, taking the group’s portfolio to 354 beds which makes it one of the largest care operators in the area.
While making improvements to the properties, RCB seeks to provide high-quality care and a peaceful residency within these new homes.
To purchase the business, owner, and director, of RCB Healthcare Group Baljit Sanghera sourced funding through commercial finance specialist, Christie Finance.
Baljit Sanghera comments, “I am delighted to complete this acquisition which has taken my care portfolio to another level.”
Jimmy Johns, Director at Christie Finance, comments, “It was a pleasure to work with Bal, RCB care, and his family to grow the business with this acquisition. Throughout this transaction, we were faced with high-level funding challenges both legal and regulatory, however we were able to find solutions and the successes of this transaction were hugely rewarding for my client and myself. I wish Bal all the success with the continued growth of his business, and hopefully looking forward to working with him again.”
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Manager
T: 07540 063 598 or E: phoebe.burrows@christie.com
Contact the broker:
Jimmy Johns, Director
T: 07711 767 593 or E: jimmy.johns@christiefinance.com