Elderly care homes sold to specialist investor
Birmingham healthcare group Dignus has sold its elderly care division, including four care homes, to speciaist RDCP Care.
Sites in Smethwick, Wednesbury and West Bromwich have transferred over to RDCP, which has been backed by "an eight-figure funding package" from Allied Irish Bank.
RDCP is the care home management arm of London investment firm, RD Capital Partners. The company has the ambition of becoming a top 20 care provider over the next decade.
Sameer Rizvi, managing partner of RD Capital Partners, said: "We were attra... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...