Rushcliffe buys care homes in Derby

Posted on January 1st, by editor in Caring Times. No Comments

Loughborough-based care home group Rushcliffe Care has expanded into Derbyshire following the acquisition of Derby-based Arleston View Ltd for an undisclosed sum. Rushcliffe Care, which has 13 nursing and residential homes throughout Leicestershire, now owns two additional care homes in Derby following the deal’s completion. The group was advised on the acquisition by David Kaplan, head of corporate and commercial at Derby law firm Flint Bishop and Barnett, with the finance arranged by Anthony Read and Viki Smart of NatWest Bank in Derby. Colin Peacock, head of corporate finance at accountants Greenhalgh & Co in Nottingham, advised on the tax, accounting and commercial aspects. Rushcliffe Care, which has nursing and residential homes in Ibstock, Ashby de la Zouch, Loughborough, Coalville and Castle Donington, now employs more than 700 people. Established 15 years ago, the group was named last year as one of the fastest growing 50 companies in the East Midlands by Finance Midlands’ Insider Business and Finance

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