Two residential care homes in Devon have been acquired for an undisclosed sum.
Summercourt in Teignmouth and Pottles Court in Exminster, which both operate under the Classic Care Homes brand, have been bought by Dr. Shashi and Munisha Balain, in what marks the couple’s first care home acquisition.
Law firm Clarke Willmott oversaw the transaction. Kirill Bingham, head of Clarke Willmott’s corporate team at its Taunton office, said the deal demonstrated the “currently buoyant” market and the variety of care homes being acquired across the South West.