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Renal Health completes acquisition of Century Healthcare

Renal Health II

North-east-based healthcare provider Renal Health has completed the acquisition of north-west care home operator Century Healthcare with the support of an eight-figure funding package led by Montaine Finance.

Lytham St Anne’s-based Century Healthcare provides nursing care and residential support at eight care homes.

The deal ensures the future of the eight homes while incorporating the extensive medical knowledge and experience of Renal Health, which is led by brothers, Nikhil and Niraj Brahmabhatt.

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Scott Murcott, Director of Montane Finance, said: “‘It has been a pleasure partnering with the team at Renal. Nikhil and Niraj are quality operators who hold a unique blend of talent, commitment and passion in everything they do. I am thrilled to have been able to support the Group with this benchmark acquisition, securing the future growth and expansion of the business. This is a signature transaction for both Renal Health and Montane Finance. With an already impressive reputation and quality of care in place, I am positive that the group will now continue to successfully grow and expand into this next exciting chapter of the business.”

Nikhil Brahmabhatt, Director of Renal Health, said: “We have been fortunate to work with Scott on a number of transactions and have always been impressed by his dedication and ability to devise bespoke and innovative financing solutions. Scott and his colleagues benefit from a wealth of contacts in the healthcare sector and are able to provide us with a market leading service that adds considerable value beyond merely arranging finance.”

Pictured L-R: David Booth, Director Montane Finance, Nikhil Brahmabhatt, Director Renal Health and Scott Murcott, Director Montane Finance.

Tags : AcquisitionCentury HealthcareFinance
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The author Lee Peart

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