Sign up for a free 30 day trial, find out more
Connell C - LB Mar 2022

Anchor to acquire Halcyon Care Homes Topco

acquisition

Anchor, a not-for-profit provider of care and housing for older people, is acquiring Halcyon Care Homes Topco, which owns 11 purpose built residential care homes, two of which are currently in development, located in the East Midlands and the South of England.

The acquisition will bring the total number of care homes operated by Anchor to 125.

This is the biggest care home acquisition by Anchor in recent years, following the purchase of 24 care homes from LNT Group and five care homes from Cavendish Healthcare Group in 2015. Five homes were also acquired from Hadrian Healthcare Group in 2019.

Anchor’s chief financial officer Sarah Jones said: “Our business plan sets out a clear growth strategy and these homes represent an excellent opportunity for us to provide more and better homes where people love living in later life.

“The homes will broaden our provision of care and extend our presence into more areas of the country. We’ll be able to draw on and share best practice across these homes and the wider Anchor care home estate.

“Our focus is on providing high-quality residential care and housing, and we’re very pleased to be welcoming residents and our new colleagues to the Anchor family.”

The deal is expected to complete in the autumn 2022 once the Care Quality Commission transfer of registration has taken place.

Subscriber content

To get unlimited access subscribe today

Subscribe

Already a subscriber? Login

Talk to our team

Zina Fragkiadaki 0207 451 7058 Editor

Caroline Bowern 0797 4643292 Advertising and sales manager