Ashtons advise on another acquisition by Stowlangtoft Healthcare Group
Ashtons Legal has advised the owners of Stowlangtoft Healthcare Group in its acquisition of the business and assets of Melford Court Nursing Home from national care provider Bupa.
Melford Court is a Grade-II listed house in Long Melford, Suffolk and has capacity for 52 residents.The business will complement Stowlangtoft’s existing care homes at Stowlangtoft Hall near Bury St Edmunds, Brandon Park in Brandon and Ford Place in Thetford, all of which provide premium level care in impressive surroundings.
Geoff Hazlewood, a partner and head of the Corporate and Commercial Team led the transaction and was assisted by Ron Clare on the planning aspects and Colin Makin on the employment side.
Geoff said: “It was a pleasure assisting our clients again in growing their care home business – their previous three acquisitions have proved a great success and I am sure this this addition will be equally as successful.”
Roger Catchpole, Managing Partner of Suffolk based healthcare provider Stowlangtoft Healthcare, said of the deal: “We are delighted to have completed the purchase of such a fabulous care facility from Bupa.We would like to place on record our gratitude to the Ashtons team for their support throughout the acquisition process.”
Ashtons cross-disciplinary team are experienced and fully equipped to advise care homes on acquisition and disposals, as well as banking and finance matters alongside providing general commercial, employment and commercial property advice.
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