Barclays has funded West Midlands based Oaktrees Healthcare’s purchase of its third care home.
Oriel Care Home in Stourbridge provides care for 33 clients and employs 40 staff.
Oaktrees Healthcare Director Peter Saini said: “When we first set up the business in 2012, it was our ambition to provide a high level of quality care.
“We believe we have achieved this at both Bonehill Lodge and The Croft and were delighted with our recent outstanding rating which is very difficult to achieve in this sector.
“Our plan now is to enhance the reputation at Oriel Care Home to offer the best standard of care we can to our clients and a great environment for our staff.”
Oaktrees is a family run business which was established in 2012. The Croft in Finchfield, Wolverhampton was recently rated Outstanding by the CQC.
Richard Bridgwood, Relationship Director at Barclays in the Black Country, said: “Since its inception in 2012, Oaktrees Healthcare Limited has gone from strength to strength and become a real force in the care homes industry in this area.
“I wish them every success with the ongoing development of Oriel Care Home in Stourbridge.”