Montane Care is pleased to announce the successful completion of the sale of Lyngate Residential Home, with the transaction completing at the very end of December 2025. The sale was concluded on behalf of Mr Peter McGailey of CPM Care and represents another carefully managed and successful outcome delivered by Montane Care. The purchaser was Mr Praveen Goli of SP Care Homes Ltd, an experienced operator continuing to grow a high-quality regional portfolio.
Lyngate Residential Home has long been a valued part of the Bolton community, providing person-centred residential care in a stable, welcoming environment. Under the ownership of CPM Care, the home benefitted from consistent leadership, a committed staff team, and a strong focus on compliance and governance. These fundamentals helped establish a positive reputation with residents, families, and professionals, making Lyngate an attractive acquisition opportunity for a buyer seeking a well-run and established care home.
Montane Care was instructed to manage the sale and oversee the transaction from initial consultation through to completion. Given the sensitivities inherent in care home sales, particularly around confidentiality, continuity of care, and staff reassurance, the process was structured, discreet, and carefully managed throughout. Leveraging Montane Care’s national buyer network and in-depth understanding of market demand, we identified a purchaser whose operational values and long-term strategy aligned closely with those of the business.
The transaction was supported by experienced legal advisers on both sides. Helen Wong MBE of Setfords Law Ltd, assisted by her colleague Pyper Whittlestone, acted for the vendor, while the purchaser was represented by Robert Bailey and Rhiannon Appleby of RJS Solicitors. The cooperative and pragmatic approach taken by both legal teams played an important role in maintaining momentum and achieving a successful completion within a demanding year-end timeframe.
Reflecting on the sale, Mr Peter McGailey of CPM Care commented:
“Selling Lyngate was a significant decision for us. The home has been part of our organisation for many years, so ensuring the right outcome for residents and staff was essential. From the outset, Montane Care demonstrated a clear understanding of this. Darren and the team were professional, responsive, and knowledgeable throughout, and the process was handled with discretion and care. I am very pleased with the outcome and confident that Lyngate will continue to thrive under new ownership.”
The purchaser, Mr Praveen Goli of SP Care Homes Ltd, also commented on the transaction:
“We are delighted to have acquired Lyngate Residential Home and to welcome it into the SP Care Homes portfolio. It was clear from the outset that the home had been well managed, with a strong team and a genuine commitment to quality care. Montane Care managed the transaction efficiently and kept all parties aligned throughout. I would also like to thank Robert Bailey and Rhiannon Appleby at RJS Solicitors for their support and clear advice. We look forward to building on the strong foundations already in place.”
Completing a transaction at the close of the calendar year requires clear communication, careful coordination, and experienced project management. This sale highlights the importance of collaboration between vendor, purchaser, advisers, and agents, particularly when timelines are tight and multiple stakeholders are involved.
Darren Edwards of Montane Care commented:
“It was a pleasure to work with Peter and the team at CPM Care on the sale of Lyngate Residential Home. This was a well-run home with a strong reputation, and it was important to secure a buyer who shared the same commitment to quality and continuity of care. Praveen and SP Care Homes were a very good fit, and the transaction benefitted from a constructive and professional approach from all parties involved.”
“I would also like to thank Helen Wong MBE and Pyper Whittlestone at Setfords Law, along with Robert Bailey and Rhiannon Appleby at RJS Solicitors. Their professionalism and collaborative approach were key to achieving a smooth year-end completion.”
Darren added:
“Demand for well-managed care homes remains strong, particularly for businesses with stable teams, solid compliance, and an established local reputation. Montane Care’s role is to guide owners through complex transactions with clarity and confidence, ensuring positive outcomes for sellers, purchasers, residents, and staff.”
The successful sale of Lyngate Residential Home provides a fitting conclusion to 2025 for Montane Care and further demonstrates our commitment to delivering well-managed, values-led transactions across the UK care sector.