Redwoods Dowling Kerr is delighted to confirm the successful sale of Plas Garnedd Care, a substantial and well-performing group of two residential care homes based in Pentraeth and Llanfairpwll on the Isle of Anglesey, to new sector entrant Belmere Care Group (the trading name of Milward Medical Holdings Ltd).
The six-figure transaction attracted multiple competitive offers from established corporate operators. The deal underlines continued investor confidence in high-quality, income-producing healthcare assets with strong operational fundamentals.
The group comprises two residential care homes registered for a combined 52 residents, delivering 50 single en-suite bedrooms alongside extensive communal accommodation, landscaped gardens, and well-invested facilities. Both homes benefit from consistently high occupancy levels, strong local reputations and long-established referral networks, supported by a robust and experienced management team across both sites.
From a From a deal execution standpoint, Redwoods Dowling Kerr played a central advisory role throughout the process, supporting the clients in positioning the business appropriately for market, managing buyer engagement, and structuring a competitive sale process designed to maximise value and secure strong covenant strength from incoming purchasers. The deal required detailed financial analysis, careful management of due diligence enquiries, and coordination across legal and funding parties to ensure momentum was maintained through to completion.
Asif Musa, Senior Deal Executive at Redwoods Dowling Kerr – who negotiated the transaction after identifying the ideal buyer – commented:
“We are pleased to have supported this transaction through to a successful conclusion. The deal attracted strong interest from the market and we were able to facilitate a competitive process that resulted in multiple offers. Despite the complexity of the transaction, particularly around lender due diligence enquiries, we worked closely with all parties to maintain progress and achieve a smooth completion. It was also particularly rewarding to support a first-time buyer through the acquisition process.”
The buyer added: “We are very grateful to have been introduced to the opportunity as first-time buyers, and for the ongoing support provided right through to completion. Asif was professional, proactive and committed throughout, particularly during the more complex stages of the transaction.”
This sale further demonstrates sustained demand from healthcare operators and investors seeking established care assets with stable earnings profiles, strong management infrastructure, and clear scope for future operational and capital expansion.
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