Mon, 27 Nov 2023 | BUSINESS SALE
A care home located close to Swansea has been acquired by a provider of residential and supported living services. The Beeches, in the village of Clydach, was acquired by Choice Care following a confidential sales process managed by Christie & Co Associate Director Oliver McCarthy.
The Beeches provides care for up to nine adults with mental health conditions, including underlying learning disabilities. The home was previously owned by Karen Denyer and Clare Roberts who have now exited the sector in order to pursue other business opportunities.
The acquisition of The Beeches, for an undisclosed price, is Choice Care’s second in South Wales, following its 2022 takeover of Care Without Compromise. The company operates services in more than 80 settings across the UK.
Commenting on the acquisition, Choice Care M&A Director Andy Richards said: "We are delighted to have acquired this high-quality business which will significantly add to our presence and service offering in the South Wales region. We look forward to working closely with the residents, staff, and families over the coming years.”
Christie & Co Associate Director Oliver McCarthy said that the sale “demonstrates the strength of demand for care assets in South Wales from local, regional, and national buyers."
Karen Denyer and Clare Roberts commented: "The team at Choice Care have shown that they are well equipped to take over the role both with their values and commitment to achieving quality levels of care and promoting skills of the service users and staff. We are both very happy to have found such a good fit for The Beeches."
Read more on M&A in the care home sector
This mixed dental practice offers a predominantly private service with the addition of NHS general and orthodontics contracts, benefiting from a large and loyal patient base as well as a thriving hygiene function.
LEASEHOLD
This is an exciting opportunity to acquire the assets of a healthcare company offering unique, drug-free products backed by clinical trial data and an experienced management team.
LEASEHOLD
This is a unique opportunity to acquire a pioneering and prestigious brand in the burgeoning cold-water therapy industry, renowned for its innovation and notable partnerships with big names like Gymshark and Alpine F1.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.