Luxury Care Group receives £7.6m funding

Luxury Care Group Limited has received a £7.6m refinance and growth funding package from ThinCats.

Luxury Care Group Limited, a provider of high-end care homes across Poole and Bournemouth, has received a £7.6m refinance and growth funding package from ThinCats.

Luxury Care was established more than 18 years ago by Kevin Gunputh. The founder and CEO has grown the group from two homes to the five purpose-built homes they have today.

The homes provide 290 beds, all based in Poole and Bournemouth, offering a diversified range of services including residential, dementia and nursing, plus specialist services. Additionally, one of the homes Branksome Park, operates a specialist neurological unit for over 18s with a life limiting condition.

"We believe in providing holistic care that matches the needs of our clients and operate our homes to the highest standards," says Gunputh. "Having worked with Steve at Axis for several years, we wanted a funder that also understood our needs and ThinCats have lived up to that expectation. The funding comes at an important time for the group as we look to grow out of a challenging period for the sector."

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