DMH Stallard advises on £multi-million sale of specialist residential and nursing care home

21 Oct 2019

DMH Stallard acted for the individual owners of Acorn Health Care Limited on the sale of their successful care home in East Grinstead.

 

Acorn Lodge is a 40-bed specialist home providing accommodation and nursing care for older adults, including provision for those with dementia and mental health needs. 

 

The sellers had managed the business for more than 20 years; the sale was part of a planned retirement and exit strategy.

 

Corporate Partner, Danos Athanasi, led the DMH Stallard team working on the sale of the business, part of a planned retirement and exit strategy.  He commented:  “Our in-depth specialist experience in the Health Care industry enabled us to guide our clients through what was a complex and important deal for them. Our clients had  built the business over many years and we were pleased to help them conclude their exit to their satisfaction. ”

 

Danos was assisted by Anjli Majevadia, an Associate in the Corporate team.

 

Raj Unmar, director of Acorn Lodge, commented: "DMH Stallard supported us with clear advice through what was an unknown process for us so it was important for us to be able to place our trust in DMH Stallard. Danos and Anjli understood the nature of the business, our objectives and, with their experience,  guided us through the transaction with a commercial approach whilst protecting our interests. ”

 

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