Acquisition and Sales of Nursing and Care Homes

Whilst the number of business sales and acquisitions have fallen overall during the last few years, the healthcare sector has remained relatively buoyant and there has continued to be a great deal of activity, particularly in the buying and selling of nursing, residential and specialist care homes.

However, it’s not all been good news. The last couple of years have seen a levelling off of prices in the sector and the introduction of tighter controls on covenant compliance, indicating that funders and are becoming evermore cautious. The stock of homes for sale is becoming increasing limited and there are too many buyers looking to purchase too few quality homes.

Many homes are sold through specialist agencies. However, whilst this can work for some, their ‘scatter gun’ approach can often lead to frustration and difficulties with price expectations. This approach often results in several different parties getting involved in the deal, which can overcomplicate what may already be a very complex transaction.

At HSKS Greenhalgh our service does not stop once we have identified either a potential acquisition or buyer for your business. From preparing the original offer letter to raising the required funds, we project manage the whole transaction to ensure that it is completed as simply, quickly and tax efficiently as possible. We have strong links with other professionals with specialist expertise in the healthcare sector who we trust implicitly to provide the best advice for your specific circumstances. We can also advise you on those who are most likely to be willing to fund your acquisition.

Over the last three years the HSKS Greenhalgh team have advised on 20 healthcare transactions, some examples of which are included here.

If you are looking to acquire or dispose of a nursing or care home business, our healthcare team are able to offer a free initial consultation to discuss your requirements.