Mitchells assist care home client in major acquisition.
Mitchells client Walden Care have recently received funding to purchase two new operating care homes and one turnkey home, whilst at the same time as providing a funding facility to help refurbish their existing units.
The deal, which was completed within a three-month period, involved Mitchells providing tailored specialist advice along with fellow Buyacarehome.com members Chandler and Co and Windles solicitors.
Buyacarehome.com is a dedicated website created to assist individuals and existing care home entrepreneurs, in the purchase and operation of care homes. It also provides a valuable source of information and resources.
Following the completion of the acquisition, Walden Care MD Mike Whitehead stated: “It is extremely important that as we look to grow we have a group of trusted advisers. In Chandler & Co, Mitchells and Windles we have a fantastic team and I cannot speak highly enough of their professionalism and knowledge in this sector. It is a testament to all three organisations that we would not enter into a transaction without them being involved and working alongside us.“
Tony Hornsby from Mitchells congratulated Mike and the team, stating “We are pleased to be able to assist a quality operator in Walden Care in this transaction and be part of their ongoing growth plans.”
The full article is published on page 29, in the Caring Times Magazine, which is available in hard copy or online here.
Alternatively, you can view the PDF directly by clicking here.