Four Seasons Health Care Group Launches Sale Of 46 Care Homes

Four Seasons Health Care Group have launched the sale of the Group consisting of 46 freehold care homes in areas of strong demand for residential and nursing care provision across England, Scotland and Jersey. The homes trade under either the Four Seasons Health Care or brighterkind brands.

The Group has appointed CBRE, a leading advisory firm in the health and social care sector, to act as sales advisor to conduct the sales process.

The Group’s 46 care homes have a strong resident mix across self-funder, Local Authority and NHS commissioned care, in a wide range of local markets, with a well-respected focus on nursing and dementia care.

Four Seasons Health Care Group’s Chief Executive Officer, Joe O’Connor commented,
“This launch of the sales process reflects the significant operational and financial performance these homes have achieved. The homes are strongly positioned with excellent care quality, local market reputations and strong financial performance.”

“In light of this, together with improved capital market conditions in the UK and early interest from the lending community, now is the right time to launch this sales process and we anticipate considerable interest from a wide range of prospective investors.”

“During this sales process, our priority remains the delivery of excellent care quality for all residents, and as such the Group will work closely with CBRE, potential purchasers and other counterparties, alongside relevant regulators, to ensure that the sales process doesn’t detract from this.”