Project Lavender sold to Expanding Horizons Limited
2nd October 2020
Redwoods Dowling Kerr is pleased to announce the sale of Project Lavender, a well-respected care home for adults in Bristol, to Expanding Horizons Limited.
The home specialises in care for adults with learning and physical disabilities and is registered for seven residents with single rooms, providing residential care for people aged between 18 and 64.
Project Lavender ensures a ‘home from home’ feel for residents where staff are fully trained in delivering safe and coordinated care, treatment and support, dependant on their needs. There is a robust management structure in place supported by qualified and dedicated staff.
The care home has a first-class reputation within the local community which is recognised and merited by care and medical professionals. Registered with the Care Quality Commission, the home meets all requirements and received a strong CQC rating when last inspected.
The Company is situated near local amenities and is easily accessible by road networks and public transport.
Redwoods Dowling Kerr secured multiple viewings for Project Lavender, as it proved to be very popular, generating an impressive 11 viewings from interested parties. This resulted in three strong offers being put forward for the renowned day-care setting. The successful offer came from Expanding Horizons, who were looking to broaden their portfolio.
The Buyer stated that the strong management team attracted him to the business.
He said: “Being a corporate operator I have been very impressed with the service received by Redwoods Dowling Kerr, especially Asif Musa, for the service they have provided during the purchase of a sustainable high-quality care-home.
“I would have no hesitation in recommending Redwoods Dowling Kerr 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 look forward to working with them as part of my business expansion strategy.”
Lead Sales Negotiator, Asif Musa, said the sale shows that despite the ongoing impact of Covid -19, deals in the care sector continue to reach completion.
He said: “It has been a pleasure working with our client and all the hard work they have put into during the difficult times to get the sale over the line.
“It has been an excellent result for all concerned and the sale was concluded to an experienced operator, who we would like to wish all the best with their future expansion plan.”