Childcare Operator Expands into Healthcare via RDK
8th February 2019
Redwoods Dowling Kerr are delighted to announce the sale of Grafton Lodge, a well-established residential care home for the elderly, in Strood, Kent.
Grafton Lodge received a high level of interest, with 13 viewings and 4 offers from a variety of buyers.
The successful bid came from experienced childcare operator, Mrs Darshini Ratnasingham. Recognising demand for quality residential care, she was attracted to Grafton Lodge due to its location and reputation. In 2018 Grafton Lodge was rated as ‘Good’ overall by the CQC.
The vendor, Mr Rickie Boyson, commented:
“As the previous buyer was not able to complete on the sale due to personal reasons, Asif Musa did a really good job in finding another buyer within a month. Asif kept us informed throughout the sale and was always approachable to give advice when required.
“Having run the care home for several years, I decided that it was time for us to retire and sell the business & had it not been for your services, we may have still not sold the business.
“Asif negotiated well with the purchaser and enabled us to get the best price for our care home. Asif kept me up to date and helped and advised me throughout the negotiation process, which led to a successful completion”
“I would certainly recommend RDK and would use again in the future if needed. Thanks for everything you have done, Asif.”
The buyer, Mrs Darshini Ratnasingham said:
“We have been very impressed with the service provided by Asif Musa of Redwoods Dowling Kerr during the acquisition of our first care home.
“We would like to thank you and RDK for the efficient and professional way you have dealt with us. We always felt that you have had our interests at heart and have supported us throughout the buying process.
“I would have no hesitation in recommending RDK to anyone thinking of buying a healthcare business. They will do their best and everything they can to aid you, assist you, and help you find a business to your needs. I will use Redwoods Dowling Kerr for future acquisitions”
Sales negotiator Asif Musa said:
“I am very pleased to have found a perfect buyer for this well managed and ‘Good’ CQC-rated care home. Communication was maintained continuously throughout the sale, ensuring we completed on time.
“It was an absolute pleasure working with our clients and I wish them all the best for the future.”