Four Seasons Health Care Group – which owns 46 care homes across England, Scotland, and Jersey – is up for sale.
The Group has appointed leading advisory firm CBRE to conduct the sales process. The homes trade under the Four Seasons Health Care and brighterkind brands.
Four Seasons recently announced a strong start to 2024, with occupancy over 90 per cent and improving care quality outcomes. The Group’s homes have a strong resident mix across self-funder, Local Authority, and NHS commissioned care, with a focus on nursing and dementia care.
Four Seasons Health Care Group’s CEO Joe O’Connor said: “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, alongside relevant regulators, to ensure that the sales process doesn’t detract from this.”