NM Rothschild advised August Equity on the sale. Bowmark invested £35m of equity, with
Healthcare Homes was acquired by August Equity in August 2005. Under the private equity house’s ownership, the business has grown from four homes and 100 beds to more than 800 beds across 21 homes.
In February of this year, August Equity backed Healthcare Homes’ acquisition of Manorcourt Care, a privately owned care and nursing home group. Manorcourt was Healthcare Homes’ eighth bolt-on acquisition under August Equity’s ownership.