Ashberry Healthcare Acquires Wolverhampton Care Home

Ashberry Healthcare has announced the acquisition of a care home in Wolverhampton from Methodist Homes (MHA), the largest charity care provider for older people in the UK. Ashberry Healthcare already operates six other care homes in Surrey, Herefordshire, Cheshire and Carmarthenshire (Wales), providing residential, nursing and specialist dementia care services.

Engelberg Care Home is situated on Ash Hill in Wolverhampton, offering residential care for 34 residents. The team at the home will transfer by TUPE to Ashberry Healthcare, ensuring continuity of care for residents.

Engleberg is the first acquisition Ashberry Healthcare has undertaken since its management buyout in 2020, led by Chief Executive Nigel Denny alongside Chief Finance Officer, Gary Cottrell.

Having restructured its original portfolio, Ashberry Healthcare is now looking to grow and is seeking more acquisition opportunities to expand. Their model focuses on period properties and country houses, with c. 40 bedrooms offering smaller community living, with a focus on residential and nursing care.

Ashberry Healthcare’s CEO Nigel Denny expressed his excitement over the acquisition:
“Today marks another milestone for Ashberry Healthcare as we welcome Engelberg into our family of homes. Engelberg and its care team have a great reputation and have built strong connections with residents and the local community.

“We are looking forward to building on this with a focus on our community-centric, small group living model that offers something different to the local market for those individual’s seeking the camaraderie, empowerment, and independence that a smaller home can offer. “We’re looking forward to meeting everyone connected to Engelberg and hope this is the first of several acquisitions over the coming years as we continue to build our portfolio. We also want to thank our financing partner, Barclays Bank, who have been tremendously supportive of our development plan.”

MHA’s Chief Executive Sam Monaghan said: “We are delighted that Engelberg care home will pass into the hands of Ashberry Healthcare, where we know residents and the team which cares for them will be well looked after.”