Kara Healthcare Expands with Landmark Scquisition of Seven Care Homes

Kara Healthcare has taken a major leap forward in its growth journey with the simultaneous acquisition of seven care homes – further strengthening its commitment to exceptional elderly care.

The deal, facilitated with support from full-service law firm Shakespeare Martineau, marks a significant milestone in the company’s ambitious expansion strategy.

Founded in 2013, Kara Healthcare has built a strong reputation for providing outstanding care across its three purpose-built homes in Leicestershire, Northamptonshire and Peterborough.

Now, with the addition of six state-of-the-art properties in the North East – acquired from administrators and lender ThinCats – alongside the purchase of Olive Row Care Home from the family-run operator Peterborough Care, the organisation is poised to set new benchmarks in the sector.

In line with Kara Healthcare’s ethos of stability and excellence, all existing staff will be retained, ensuring seamless continuity of care for residents. The company remains dedicated to elevating care standards and fostering a nurturing environment where both residents and staff thrive.

Nick Somani, CEO of Kara Healthcare, expressed his enthusiasm for the expansion. He said: “This is an incredibly exciting time for Kara Healthcare. These acquisitions are not just about growth – they represent our unwavering commitment to redefining care excellence.

“At Kara, we don’t just offer care; we create meaningful experiences, spark joy and cultivate a true sense of purpose for every resident. By bringing these fantastic homes into our portfolio, we’re expanding our reach, enriching lives and setting a new gold standard in care provision.

“And we’re not stopping here. With more acquisitions on the horizon, we are actively seeking new opportunities to further strengthen our group, ensuring more communities across the UK benefit from the exceptional care we deliver.”

With an eye firmly on the future, Kara Healthcare continues to pursue its vision of delivering high-quality, resident-centred care while expanding its presence across the country. As the company looks ahead to new opportunities, its commitment to innovation, excellence and compassionate care remains at the heart of its mission.

Shakespeare Martineau provided comprehensive support across corporate, property, insolvency and banking services.

Roger Harcourt, corporate partner at Shakespeare Martineau who led the deal, said: “We are delighted to have been involved in these acquisitions, which take Kara Healthcare’s portfolio to 10 sites across the UK, and demonstrates the group’s commitment to providing excellent care nationally.

“The deals highlight the resilience and potential within the healthcare sector. While the market remains active, there are signs of distress among some operators. However, Kara Healthcare is dedicated to addressing these challenges head-on, with plans for further expansion in the coming years. We look forward to continuing to work with and support Kara Healthcare with its ongoing growth strategy.”

The Shakespeare Martineau team also included partners Chris Gayle (banking) and Sean Moran (restructuring and insolvency), and associate Emma Ali (commercial property and development).