Simply UK has underlined its ambition to become the country’s largest care home provider, with the launch of Portland Care Group and the acquisition of six care homes in the north of England.
The Glasgow-headquartered group has invested around £250m in the last two years in care home acquisitions and new developments. It is aiming to have 60 care homes and 4,000 beds under its ownership by 2026.
The latest deal, to acquire the assets of Horizon Care Group, was supported with funding from offshore funder Gazcob and French property investors Pierval Sante and includes homes in Yorkshire and Nottinghamshire.
