Holmes Care Group has announced its acquisition of 12 care homes in Fife from Kingdom Homes.
The acquisition will see Holmes Care more than double its portfolio to 22 Scottish care homes and one in England.
Following the acquisition, the Holmes Care Group now employs almost 1,650 staff and supports approximately 1,150 beds.
Sharifa Lakhani, CEO at Holmes Care Group, (pictured) said: “We are delighted that Kingdom Homes have joined the Holmes Care Group family. Kingdom Homes and Holmes Care Group share a commitment to delivering the best standards of care possible, making them a perfect fit for us. We’re very much looking forward to welcoming their wonderful staff to our team. Combined, we will continue to make a real difference to the lives of our residents, their loved ones and the communities we serve.”
Alex Wilson, Managing Director at Holmes Care Group, said: “We are very excited to welcome these excellent homes, their residents and committed colleagues as we continue our growth as a business. We look forward to learning and sharing best practice as we move forward and continuing a shared track record of impressive care in the community.”
The deal was enabled through a loan from Impact Healthcare REIT.
Earlier this week, the REIT announced its acquisition of two care homes in Northern Ireland and a service in Kilmarnock for £14.3m.