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Holmes Care Group expands expire with £40m Kingdom Homes acquisitions

Holmes Care Group has acquired 12 new care homes from Kingdom Homes, a care provider based in Fife in a deal worth up to £40m.

The acquisition will see the care provider more than double its portfolio – with the 12 Fife-based homes joining a combined family of 22 Scottish care homes, and one England-based home.

The portfolio was sold for £37.5m, with a potential deferred payment of up to £2.5m subject to the future performance of the homes.

Following the acquisition, Holmes Care Group employs almost 1,650 staff and supports approximately 1,150 beds.

“We are delighted that Kingdom Homes have joined the Holmes Care Group family. Kingdom Homes and Holmes Care Group share a commitment to delivering the best standards of care possible, making them a perfect fit for us,” said Holmes Care Group chief executive Sharifa Lakhani (pictured).

We’re very much looking forward to welcoming their wonderful staff to our team. Combined, we will continue to make a real difference to the lives of our residents, their loved ones and the communities we serve,” she added.

Holmes Care Group managing director Alex Wilson said: “We are very excited to welcome these excellent homes, their residents and committed colleagues as we continue our growth as a business. We look forward to learning and sharing best practice as we move forward and continuing a shared track record of impressive care in the community.”

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Upcoming Events

Care Homes: Beyond COVID

National Conference Centre, Birmingham
20th September 2022

The Care Show 2022

National Exhibition Centre, Birmingham
12th October - 13th October 2022

Care Roadshows - London

Epsom Downs Racecourse, Epsom
18th October 2022

The Future of Care Conference North

Pavilions of Harrogate, Harrogate
1st November 2022

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Cardiff City Stadium, Cardiff
15th November 2022

UK Care Week

NEC, Birmingham
22 March 2023 - 23 March 2023

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