Four Seasons Health Care Group Statement 20th June 2024
The Four Seasons Health Care Group is pleased to have launched a sales process for the Group, which now consists 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.
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, as well as relevant regulators, to ensure that the sales process and the transition to new ownership is seamless and doesn’t detract from this.”
For more information on this opportunity, please contact:
CBRE Limited
Sarah Livingston/Tom Morgan