Charles Russell Speechlys advises Kinly Care on the acquisition of Alpha Care group of homes.
We acted for Kinly Care on its acquisition of the Alpha Care group of care homes, a strategic move that expands Kinly Care’s footprint and service offering across the UK elderly care sector. Kinly worked alongside its longtime partner CareTrust REIT in delivering a transaction which strengthens Kinly Care’s platform, adding high quality homes to support Kinly’s continued growth and commitment to excellence in care services.
Alpha Care operates three well-regarded homes in the Midlands delivering elderly care, which add to Kinly’s growing portfolio of homes.
Charles Russell Speechlys’ market leading Healthcare team continues to act on notable transactions across the sector, advising investors, operators and management on acquisitions, disposals, development projects and financing mandates.
Eddie Coombes, CEO of Kinly Care, commented:
“Alpha Care is an excellent cultural fit for Kinly Care. This acquisition accelerates our strategy to deliver consistently outstanding, person centred care while investing in our people and communities. The Charles Russell Speechlys team provided calm, clear and commercially focused guidance throughout a complex process, helping us reach completion on time and with confidence.”
David Coates, Corporate Partner, commented:
“CRS has supported Eddie and the wider Kinly Care team for many years now, which makes it particularly gratifying to complete this latest transaction for them. We look forward to continuing to support Kinly in their future growth trajectory.”
The deal was led by Corporate Partner David Coates and Senior Associate Nathan Lightman, working with Anna Schwarze, Christopher Gothard and Rebecca Wright (Corporate), Mark White and Will Harwood (Real Estate), James Stewart and Arjun Thakrar (Corporate Tax), Ben Smith and Sam Morgan (Employment), Daniel Sullivan, Edith Lai and Yvett Brazel (Banking), and Mark Bailey and Willemijn Paul (Commercial).
