ThinCats funds major acquisition for Scottish Care Home group
Enhance Healthcare received a tailored funding package from ThinCats to assist in its acquisition of Ayrshire Care Homes
A leading alternative finance provider to UK SMEs has provided a tailored funding package to support a trusted company operating within the care home sector in its recent acquisition of Ayrshire Care Homes
When explaining why his company is supporting Enhance Healthcare’s purchase, ThinCats’ Richard Henshaw, says: “The management team at Enhance are fantastic operators and have built an impressive portfolio of homes that continue to deliver the highest quality of care to residents. With this latest acquisition they will be able to deliver their services to even more individuals from stunning locations across Scotland. We’re excited to be on this journey with them and look forward to seeing their business go from strength to strength.”
During the last 10 years, Enhance has flourished and expanded its portfolio to include a total of nine care homes, which offer around 350 beds to elderly and adult service users. The company provides comprehensive activity programmes and life skill development initiatives that are designed to empower residents to reach their personal milestones and enhance their overall well-being. Incorporating state-of-the-art technology, such as virtual reality, it provides enriching experiences that transcend physical and mental limitations, thus opening doors to new possibilities.
The acquisition of Ayrshire Care Homes adds a further 189 beds across four modern purpose-built homes situated on the Ayrshire coast and enjoying stunning views over to the Isle of Arran. The properties are constructed to a very high standard and will be run by a highly experienced management team who have an excellent reputation for providing consistent levels of high-quality care.
Andy Jamieson, managing director of Enhance Healthcare comments: “Our aim is to provide person centred care in a home from home environment, supporting each individual service user to maximise their independence and wellbeing. The acquisition of Ayrshire Care Homes is a significant milestone, as it broadens our reach and enhances our capabilities to deliver high-quality care for the communities which we serve. Richard and his team at ThinCats have been extremely supportive, demonstrating a detailed understanding of the healthcare sector, our business model and our vision for the future as we continue with our expansion.”