RWK Goodman advises Gold Care Homes on acquisition of three new care homes
RWK Goodman has advised Gold Care Homes on the acquisition of Marlborough Court in Thamesmead, London, Murrayfield in Edmonton, London and Norwood Green in Southall, Middlesex.
Founded in 1999, by pharmacist brothers Ravi and Sukhi Gidar, Gold Care Homes is recognised within the industry for taking under-performing homes and transforming them into facilities that provide excellence in care. Their acquisition of these three homes is in line with their 2023 expansion plans.
The RWK Goodman Health and Social Care team was led by Janetta White, supported by Freya Still (Corporate), Rob Walton, Gemma Hart and Layla Banfield (Real Estate) and Claire Wheatley (Banking).
Paul Daniels, Head of RWK Goodman’s Head of Commercial Division, comments:
“Our team at RWK Goodman are delighted to have played our part in this triple acquisition; it was a huge team effort to get the related refinance of three homes and these acquisitions through on time. Having acted for Gold Care Homes for over 15 years, I have seen them go from strength to strength by providing exceptional care and this acquisition sees them continue to grow with their ambitious plans.”
Jaison Jacob, Chief Financial Officer at Gold Care Homes, comments:
“We would also like to thank RWK Goodman’s specialist Health and Social Care team for going above and beyond to help us get the transaction over the line.”
Marlborough Court is a purpose-built home with capacity for 78 residents, which provides personalised care across respite, residential, nursing, dementia and palliative care services.
Murrayfield Care Home provides ensuite accommodation for up to 74 adults, offering them individual care across respite, nursing, dementia and palliative care services.
Norwood Green Care Home has 92 beds and specialises in respite, residential, dementia and nursing services.”
