Armighorn Capital has a proven track record and model of delivering improvements to care homes that the Care Quality Commission (CQC) report as requiring improvements. Following investment from Frontier Development Capital (FDC), Armighorn took ownership of the formerly named Copper Hill Care Home where recent reports from the CQC highlighted that “the home provided good care but required improvements”.
Specialising in providing nursing with dementia care, the newly named Aspen Hill Village is one of the biggest care homes in Leeds offering beds and service for up to 180 residents. The funding package from FDC provided Armighorn the ability to refurbish the home and reopen a mothballed unit.
Navjot Singh, Director at Armighorn Capital Ltd, said:
“Armighorn has a strong track record of transforming care homes needing improvement. Residents are our most important priority and that this is why when acquiring a new site, we work hard to not only make physical upgrades, but also assess and implement operational changes to raise service quality.
“We plan to apply the same principles to Aspen Hill Village, ensuring that existing and future residents receive the highest standard of care.”
The £3million investment by Frontier Development Capital enabled Armighorn Capital to make the acquisition and commence the delivery of its expansion plans.
Investment fund - Growth Capital