Kingsley Healthcare, which cares for over 1,240 residents in 35 care homes, is close to completing a deal to take over two care homes in the West Midlands to strengthen “its presence in the North West".
Daya Thayan, chief executive of Kingsley Healthcare. Credit: Kingsley Healthcare
Black Country Housing Group (BCHG), a registered social housing provider with over 2,100 homes, currently operates two care homes and aims to transfer them to Kingsley Healthcare.
BCHG is looking to transfer ownership of Gower Gardens care home in Halesowen in May and New Bradley Hall care home in Kingswinford shortly after.
Kingsley Healthcare was founded in 1999 by its chief executive Daya Thayan and his wife Sumi, with the opening of its first care home in Lowestoft, Suffolk.
Kingsley Healthcare’s chief executive Daya Thayan said: “We are proud to be partnering with BCHG and our funding partner, Target Healthcare REIT, in a deal which will take our group portfolio to 35 care homes and further our Kingsley Vision 2025 ambitions for rapid growth.
“The latest deal will see Kingsley broaden its overall presence as a national provider, while strengthening its presence in the North West.
“It marks the beginning of an exciting period of expansion for the group with the development of new-build facilities in Olney, Buckinghamshire, Bedford, Great Yarmouth and Holt, north Norfolk in the pipeline.”
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