Surrey care provider Churchlake Care is to acquire three homes in Cumbria - Holmwood, Hames Hall and Chichester Hall – previously owned by Lakeland Care Group.
The trio forms part of Churchlake's northwest England cluster in line with its corporate strategy to build a portfolio of care homes providing 3000 beds within five years.
The acquisitions were facilitated by a £4m loan from SME business lender ThinCats.
“We were searching for a lender that we could work with long-term; we have targeted plans to increase our care home provision over the next few years, and continue to deliver quality care to all our residents,” said Churchlake Care chief executive Alan Jebson.
“ThinCats moved quickly to understand our business and offered a good funding structure with flexibility. We were very impressed with their in-house team and resources, and the speed in which they managed to turn around our funding application,” he added.
Jebson said meanwhile that are no confirmed cases of Covid-19 at Churchlake Care homes.
“The Churchlake Care board are indebted to the efforts of managers, nurses, carers and ancillary teams across the group throughout Covid-19.”
He added: “Their diligence and hard work, in addition to following rigorous infection control measures, have kept residents safe from Covid-19. There are no confirmed cases across the group since the outbreak began."
Autism care specialist Achieve Together has meanwhile acquired Norfolk provider Progress Pathways for an undisclosed sum.
Progress Pathways runs a residential service Marham and domiciliary support operation for young people and adults with learning disabilities.
