Care HomesNews

Care Provider Vista Care Bought For Up To £4m

Care provider Vista Care Solutions, which trades as Sunlight Care Group, has been bought for up to £4m by MBH Corporation, the owner of Newcastle-under-Lyme’s Samuel Hobson House care home.

Vista Care’s Sunlight Care Group offers home care, services for mental health, children, parental support, supported living and it also operates Park View care home for people with learning disabilities.

The care provider’s acquisition by the investment holding company will see it become part of MHB’s health division which already operates Samuel Hobson House care home in Newcastle-under-Lyme.

The acquisition of Vista Care is worth an estimated£3.3m to £4m.

Vista Care’s unaudited revenues (for the financial year ended 31 May 2021) totalled £3.3 million from contracts with city councils in Nottingham, Newham and Redbridge who make up the company’s list of customers.

Vista Care Solutions is the fifth purchase this year for MBH which has a portfolio of 26 companies across eight sectors in five countries.

Callum Laing, chief executive of MBH Corporation said: “Care homes are integral to the British service economy and Vista Care represents the best of the sector with a future facing and innovative offering that gives the people it cares for the best possible experience.

“We’re proud to welcome the team on board and look forward to taking the next steps to growth alongside them.”

Ali & Shakar Sharif, Owners, Vista Care Solutions, commented: “As a team we couldn’t have hoped to find a better group than MBH to join. Their agglomeration model allows us to retain control of Vista and grow our business organically, whilst collaborating with and learning from some truly inspirational leaders across a whole range of sectors within the Group. We look forward to seeing what we can achieve as part of the MBH family.”

Callum Laing, CEO, MBH Corporation Plc, said: ‘Care homes are integral to the British service economy and Vista Care represents the best of the sector with a future facing and innovative offering that gives the people it cares for the best possible experience. We’re proud to welcome the team on board and look forward to taking the next steps to growth alongside them.’

 

 
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