Montane Care are pleased to announce the successful sale of two Purpose Built care homes on behalf of the Priory to experienced regional operator.
Through a highly confidential and discreet marketing sale process, Montane Care have successfully undertaken the sale of Avondale Care Home, Motherwell and Abbey Court, Lincolnshire to Maven Healthcare.
The purpose-built homes have been a cornerstone of the local community, providing high-quality nursing and residential care for elderly residents with a wide range of needs. Under the experienced ownership of the Priory, the homes both earned a reputation for its compassionate approach, committed staff, and consistently high standards of compliance. These qualities, combined with its trusted standing in the local area, made Abbey court and Avondale Care Home an attractive acquisition opportunity for the right buyer.
Through a confidential and discreet marketing process we generated multiple buyers and selected the most suitable funded buyer. Scott Murcott of Montane Finance acted for the buyer side.
Rebekah Creswell of the Priory commented “Priory is grateful to Montane Care for their support during our ongoing project to divest of a number of older people care homes. The team, led by Anthony Rae, presented well as knowledgeable agents in the social care space and have provided valuable and responsive input during the last 12 months. Anthony’s connections within the sector and their ability to connect buyer and seller, both initially and during the due diligence and execution phases of transactions have been particularly impressive. We look forward to a continued close working relationship and a successful close to the project in the early part of 2025.”
In addition, our purchasers commented on the transaction. “We are delighted to have acquired Abbey Court & Avondale Care Homes. We can’t thank Scott Murcott of Montane Finance enough for his professional diligence and support during the acquisition process. We would certainly work with Montane Care again for any future acquisitions. We are very excited to add Abbey Court & Avondale Care Home to our portfolio of homes in England and are looking forward to continuing the excellent level of care delivered on a day-to-day basis to the residents of the home.” Anthony Rae Director of Montane Care comments. “It was a pleasure to achieve multiple offers in a short period of time by selecting existing operators with proven funding. Montane Care have expert local and National coverage with disappointed buyers. seeking to acquire similar businesses”. If you are contemplating selling or would like to know the Value of your business call in confidence Anthony Rae 07546932811.