A Nottingham-based family-owned care home operator has acquired a care home in Solihull with the help of a seven-figure funding package from HSBC UK.
Affinity Care Consortium, based in Sherwood, will use the funding to advance its national expansion strategy.
The acquisition of Silver Birches, a 50-bed care home, will be followed by a review and upgrade of the facility, including redecoration and technological improvements.
This acquisition is part of Affinity Care Consortium’s goal to open six new homes in the West Midlands by 2025, adding to its existing site at Coundon Manor in Coventry and five other locations in Stoke-on-Trent and Staffordshire.
The company expects this expansion to boost annual turnover by £2.5m and create 60 new permanent jobs.
Tanzeel Younas, co-owner of Affinity Care Consortium,
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