BESPOKE CARE ASSIST THE YOUNAS FAMILY’S CONTINUED EXPANSION WITH EXCHANGE ON A PORTFOLIO OF C. £10MILLION
Having worked closely with the Younas family since 2016 Bespoke Care are pleased to confirm they are currently acting buy-side in relation to 4 x large purpose-built care homes in Yorkshire. In addition to this the Younas family are acquiring 2 x specialist care facilities in the Midlands where Bespoke Care is engaged as the owner’s sole agent. All 6 transactions should progress to completion in Q3 2021.
Anita Allen of Bespoke Care commented “The last 18 months has proved challenging for the UK social care sector with the Covid pandemic affecting independent single care homes, large national corporate operators and regional care groups. Investors, owners, managers and staff have all worked tirelessly and shown true resilience. The focus had to be on protecting the service users, supporting staff teams and helping relatives stay in touch during the first lock-down. Transactional ‘deals’ were put on hold for a while, however during the summer of 2020 activity picked up a little but was being managed in a very different way – with the safety of all service users and staff being key. The Younas family maintained committed to adding to their care group throughout 2020-2021 and we are delighted to be working with them currently on these 6 transactions.”
Tanzeel Younas commented on behalf of the family “It’s a great pleasure to have exchanged on this 8 figure deal and we are extremely excited to be bringing these 6 homes into our family of ‘caring’ homes. I speak on behalf of the Younas family in saying that we are all very grateful for the efforts of Anita Allen in helping us achieve one of our busiest months concluding acquisitions to date.”
Bespoke Care offers a client-focused sales and acquisition agency service within the UK long term healthcare sector. Providing a professional, experienced, discreet and individually tailored approach to the sales process - assisting vendors and purchasers throughout a transaction. With a unique understanding of the marketplace, we offer a ‘bespoke’ friendly, ethical and straightforward service.
Elderly care, Dementia care, Specialist care, Children’s services, domiciliary care business and Sites are in good demand currently with strategic purchasers like the Younas family plus overseas investors, PE firms and REITs.
Anita would be happy to speak to any vendors considering a sale – all conversations are without any obligation and in total confidence.