Purchases expand care home company’s portfolio
Care home business, Strong Life Care, has continued its acquisition programme with the purchase of purpose built care homes in Yorkshire and the North East with funding provided by NatWest.
The company has acquired The Beeches in Armthorpe, Doncaster and Tenlands in Ferryhill following a multi-million pound funding deal.
Both homes will provide elderly residents with residential and dementia care.
Earlier this year Strong Life Care acquired Hesslewood House Care Home in East Yorkshire with NatWest.
It now owns and manages seven care facilities across Yorkshire and the North East, employing 400 staff.
Over 100 team members are joining the Strong Life Care Family following the purchase of the latest two homes.
Several new roles will be created including, a deputy manager role at The Beeches. Team leaders at both homes and more activity co-ordinators will be recruited.
The business was founded by Harpreet Banwait who decided to leave his corporate finance career to look after his elderly grandfather in 2010.
His family struggled to find a suitable care home for his grandfather due to language and cultural barriers.
Banwait recently set up The Banwait Family Foundation to support local community initiatives and regional, national and international causes. He has committed to using a percentage of the company’s profit for philanthropy.
Meurig Edwards, relationship director at NatWest, said: “The latest acquisitions by Strong Life Care will enable the business to continue providing excellent care to elderly residents across Yorkshire and the North East of England.
“Harpreet is committed to ensuring all of the care homes play a part in giving back to the community through skills and training of local people as well as through charitable activities.”
Banwait, CEO of Strong Life Care, added: “The acquisition of these two purpose built care homes is incredibly exciting and will support our long-term growth and development plans to build the UK’s Most Outstanding Family owned care operator.
“We have an excellent relationship with Meurig and the NatWest team who understand our business and our desire to be one of the UK’s best care providers.”
