Specialist care home developer received £5 million to take ownership of a Care Home in Leeds and in Liverpool.
Investment: £5 million
Transaction: Development Finance
Location: Leeds / Liverpool
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 two investments from FDC, Armighorn took ownership of the formerly named Copper Hill Care Home in Leeds and Amberleigh House Care Home in Liverpool.
Specialising in providing nursing with dementia care, the newlynamed ‘Aspen Hill Village’ is one of the biggest care homes in Leeds offering beds and service for up to 180 residents. The funding package provided Armighorn the ability to refurbish the home and reopen a mothballed unit.
Navjot Singh, Director at Armighorn Capital commented: “FDC really research and understand the business sector. I found FDC to be very responsive, professional and they delivered a winning formula and that works for the business.”