Black Country corporate finance firm in multi-million care home deal

A Black Country corporate finance firm has overseen the multi-million pound sale of an accommodation and care provider for people with disabilities.
 
Highlea Homes, which accommodates around 65 tenants across 13 properties in Durham, has been purchased by residential care firm National Care Group. The sum involved has not been disclosed.

The business, founded by Anne and Brian Burrell in 1991, employs around 100 staff, including specially trained carers that help residents to maintain their independence.
 
Highlea Homes’ shareholders were assisted in the sale by Baldwins Corporate Finance, which is based in Walsall.

The deal is the second completed by the firm in the care sector in as many months.
 
Andrew Rowe, accounts director at Evolution – part of the Baldwins Accountancy Group – worked alongside the Baldwins Corporate Finance team, led by David Fish and Matt Waters.
 
Matt Waters, corporate finance executive at Baldwins, said: “It’s been brilliant to work with Anne and Brian who have used their passion and experience to not only provide a worthy community service, but an impressive business at the same time.
 
“They wanted to take their time in ensuring the business was going into the right hands, and we’re delighted to have successfully completed a deal for them.”
 
The purchase also sees National Care Group expand into a new territory with a vision to increase services available in that area.
 
Pictured outside one of the homes are, from left: Maxine Buckton (BHP Law), Gary Greally (National Care Group), Michele Cator (Highlea Care), Brian and Anne Burrell, Matt Waters (Baldwins Corporate Finance), Martin Cator (Highlea Care).

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