Constantia Healthcare refi aimed at ambitious acquisition strategy
Yorkshire-based residential and nursing care home provider Constantia Healthcare has completed a refinancing geared towards growth and acquisitions.
The group operates nine care homes across the north providing long-term, short-term and respite care as well as specialist care for people with complex needs.
It has completed eight acquisitions since 2018, with the most recent being the Millings residential care home in North Yorkshire last year. Anthony Massouras, chairman of Constantia, said: “This refinancing will support the continued expansion of our business.”
The banking and finance team at law firm Clarion advised on the refinancing. The funding package was provided by Barclays Bank.