Precedent setting Business Purchase

Deal Type: A double headed buyer and involved large complex transactions

Deal Size: Multimillion pound deal

Sector: Care Home

About the deal

This large transaction involved a double headed buyer, acquiring the company owning the real estate immediately after the operating business relating to the care homes is sold.

Complexities did arise, but this required both buyers’ documents to work together creating some challenging drafting and negotiation for our team. Additional complexities arose when the transaction included a restructure to eliminate a subsidiary company and remove other residential properties from the business prior to and in conjunction with completion.

This case demonstrates our solution-finding approach and our expertise in handling large, complex transactions.

Our depth of experience and expertise within the healthcare sector meant we were ideally placed to handle this matter. Working collaboratively with our Commercial Real Estate team and our Employment team enables us to provide a complete solution for our client.

As it is a large transaction with additional complexities due to our client buying in conjunction with a Trust, it therefore confirms our ability to handle large complex transactions.

How this assisted the client

As a practice, our focus is on empowering our clients, no matter their level of experience. We achieve this through clear and timely communication, trusted guidance, accessibility and client focused resources. The latter is exemplified by a resource created and shared by the team with our less experienced clients, to help them understand how they might best spend their money and our time. This helps to manage our clients’ expectations and ensures they receive maximum value.

We regularly attract instructions from existing clients, and new clients who have been recommended to us.