We acted for the shareholders in the sale of Lorimer Care Homes Limited to Sanctuary Housing Association. The transaction brought in specialists from our corporate, employment, banking, litigation and regulatory practice areas.
Key highlight
- We were able to provide the shareholders with the depth of resource and expertise necessary to protect their interests in a project which allowed them to realise the value that they had built over a 20-year period.
Outcome
We were able to guide the shareholders of the owner managed business through the sale process to one of the UK's largest care home operators. We identified the key issues and ensured the sellers' interests were protected.
We also advised the shareholders of two separate and unconnected companies on the simultaneous sale of their companies (Mull Hall Care Limited and Dornoch Medical Care Limited) to Sanctuary.
