Charles Russell Speechlys advises Myriad Group, owners of Caring Homes, on its acquisition of Parklands Care Homes, a Scottish care home provider
min readCharles Russell Speechlys acted for Myriad Group, owners of Caring Homes (a leading UK care provider), on its acquisition of Parklands Care Homes, one of the largest independent care providers in the north of Scotland with 13 care homes across the Highlands, Moray and Aberdeenshire.
Founded in 1994 by Helena and Paul Jeffery, Caring Homes already operates 21 homes across England and Scotland. The acquisition of Parklands Care Homes strengthens the Group’s presence in Scotland, uniting two values-led, family-founded care providers.
Peter Hill, CEO of Myriad Group commented:
‘We are grateful for the continued support of Martin and the CRS team. Their deep sector expertise and understanding of our business, built over many years supporting us, helped us to navigate this complex transaction, and ensure its smooth completion.’
Martin Wright, Senior Counsel, commented:
‘We were delighted to support Myriad on this transaction, which reflects our strong expertise in the social care sector. We look forward to seeing Parklands continue to flourish under Myriad’s ownership.’
The team was led by Senior Counsel Martin Wright and Senior Associate Nathan Lightman. The wider team included Joseph Fleming and Sanne Gerdsen (Corporate), Daniel Sullivan and Yvett Brazel (Banking & Finance), James Stewart and Elizabeth Hughes (Corporate Tax & Incentives), and Mark White, Eddie Richards and Ben Butterworth (Real Estate).
The Charles Russell Speechlys team collaborated closely with a team from Harper Macleod, led by partners John Meehan and James MacGregor, who advised Myriad on Scottish aspects of the transaction.
