Care business secures funding to acquire Birmingham nursing home

Care provider Avatar Property has expanded its portfolio of facilities in the West Midlands with the purchase of a nursing home in Birmingham.

Father and son team Pritpal and Sarb Bedi received a six-figure funding package from NatWest to support the acquisition of Sellywood House.

Located within the Bourneville estate, Sellywood House provides residential and nursing care to 44 elderly residents.

The site was originally founded by the Quaker Cadbury family for employees at its Cadbury’s factory.

As part of the acquisition, the nursing home is undergoing a full renovation and has employed a full time on-site maintenance manager to help complete upgrades to all communal areas, which include a visitor’s area and large garden.

The Bedi family’s portfolio of businesses includes SureCare Group, which owns and operates six other care homes across the UK. Collectively, the companies employ more than 300 staff across locations in the North West, Midlands and North Wales.

The funding from NatWest will also enable the group to strengthen operations at its Birmingham HQ, while driving forward plans for further acquisitions and growth.

Pritpal Bedi, CEO at Avatar Property, said: “It’s been a challenging few years for the care home sector due to the ongoing implications of Covid guidance and associated changes to Care Quality Commission compliance. Nevertheless, we are committed to providing the highest standards of care and ultimately hope to be recognised as one of the foremost nursing care home groups in the UK.

“The excellent support we have received from NatWest has enabled us to take an important step forward for our organisation and we look forward to continuing our relationship as our business evolves further.”

William Jones, relationship manager at NatWest, said: “We have a long-standing relationship with Pritpal and his family at NatWest. It’s extremely rewarding to be able to support such a promising new chapter for a family-run business and we’re excited to see what’s next.”

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