Anavo has acquired Lindridge Care Home, in Hove, from Sussex Partnership NHS Foundation Trust (SPFT).
The preferred bidder to take on the 75-bed home, Anavo operates 11 homes across the UK, with a new build home in nearby Lancing due to open in Q3 2024 and another in Whitchurch, Shropshire, opening in Q2 2024.
Brokerage for the transaction was undertaken by Lambert Smith Hampton for SPFT, and Colliers on behalf of Anavo.
Edward Moore, partner at Anavo, said: “We are incredibly excited to welcome Lindridge to our group and see such potential in a home that is very much critical to the healthcare infrastructure of Hove and the wider area. It is clear the staff at the home are highly skilled with a real drive to provide the best possible care for residents and we are looking forward to helping them progress the service, whilst continuing to invest in the fabric of the building.”
Richard Harris, director at Colliers, commented: “Following on from their recent acquisition in Scotland, I am very pleased to have supported Anavo in another strategic acquisition for the group.”