Care home provider adds seven to portfolio
Kara Healthcare, known for its care homes across Leicestershire, Northamptonshire and Peterborough, has expanded its reach with the acquisition of seven new homes.
The new additions include six properties in the Northeast from administrators and lender ThinCats, plus Olive Row Care Home from family-run operator Peterborough Care.
All existing staff will be retained as part of the acquisition.
Nick Somani, CEO of Kara Healthcare said: “This is an incredibly exciting time for Kara Healthcare. These acquisitions are not just about growth—they represent our unwavering commitment to redefining care excellence. At Kara, we don’t just offer care; we create meaningful experiences, spark joy, and cultivate a true
sense of purpose for every resident. By bringing these fantastic homes into our portfolio, we’re expanding our reach, enriching lives, and setting a new gold standard in care provision.
“And we’re not stopping here. With more acquisitions on the horizon, we are actively seeking new opportunities to further strengthen our group, ensuring more communities across the UK benefit from the exceptional care we deliver.”
The deal was supported by law firm Shakespeare Martineau, with the team led by Roger Harcourt, with help from partners Chris Gayle (banking), Sean Moran (restructuring and insolvency), and associate Emma Ali (commercial property and development).
Harcourt said: “We are delighted to have been involved in these acquisitions, which take Kara Healthcare’s portfolio to 10 sites across the UK, and demonstrate the group’s commitment to providing excellent care nationally.
“The deals highlight the resilience and potential within the healthcare sector. While the market remains active, there are signs of distress among some operators. However, Kara Healthcare is dedicated to addressing these challenges head-on, with plans for further expansion in the coming years. We look forward to continuing to work with and support Kara Healthcare with its ongoing growth strategy.”
