DC Care has recently completed the sale of Southern Care Group Ltd (in Administration) – on behalf of BDO LLP. The company assets consist of Maes Elwy Nursing Home (closed) and Coed Duon Nursing Home. These are the final two homes in the group, which was placed into Administration in October 2010.
The sale of the limited company was to an experienced Welsh operator who is keen to see the homes flourish in this ever challenging market.
DC Care’s Regional Director, Alison Willoughby said: “This has been one of the longest instructions I’ve had and it’s always a pleasure to see an incoming operator decide that homes in administration do have a future and invest in that vision. The key to this particular sale going ahead was a clear understanding of the particular challenges and a determination to think a little differently, to find a way to ensure the future of the residents and staff. At DC Care our team deals purely with healthcare. We like to think this concentrated approach means we have a unique grasp of the particular nuances of this very individual market.”
If you would like to speak with us about the possible sale of your healthcare business, call us on 01937 849 268 for a confidential discussion.