South Yorkshire care business Laso Health Care Ltd (LHCL) today announced they have secured funding from Barclays to acquire a Doncaster care home.
The Church and Manor View Care Home is located at Manor Road, Doncaster and the business is registered to care for 54 residents providing nursing, residential and dementia care. The acquisition by LHCL will see the continuity of residential care together with the introduction of new services to deliver the best outcomes for residents, staff and the local community.
Akshat Jaganmohan, Managing Director of LHCL, said: “We are very excited to be expanding the group and our priority is improving the quality of life for those who choose to reside with us, maintaining their privacy, dignity and ability to manage their own lives. Through new services, we will be able to provide an improved residential experience and support more families with the care of their loved ones.”
The Church and Manor View Care Home employs over 60 staff locally.
Justin Parker, Barclays Business Banking Manager commented: “We are delighted to work with Akshat and his team and provide a full banking package for the acquisition. This deal demonstrates Barclays understanding of the sector and commitment to healthcare businesses and we look forward to supporting the group to achieve their ambitious growth plans for the future.”