This transaction ensured Meallmore Group was in the best position to continue its ambitious growth plans and to secure its position as a market leader in the provision of nursing and residential care in Scotland.
We utilised our extensive experience of the care sector and knowledge of the client’s business to provide expertly tailored, commercial advice. This was essential in ensuring that the transaction progressed smoothly, and strict deadlines were met.
This was an important deal for Meallmore and for each lender. The advice given affirmed Brodies’ position as a key business partner of Meallmore and its reputation as the go-to firm for care sector funding advice.
Key highlights
- Working closely with the Meallmore finance and management team and playing a vital role in a key transaction for the future of the business.
- Providing expert insight and advice on specific commercial aspects of the finance documentation that highlighted our knowledge and experience of the sector.
- Utilising our Inverness office to facilitate signing and completion of the transaction, making the process as easy as possible for our client.
- Delivering for our client within a tight deadline to ensure they could progress to the next stage of their strategy on schedule.
Outcome
The transaction was an important deal for both the borrower and the lenders. The advice given and the prominent role we played in the running of the transaction affirmed both the excellent relationships we have with Meallmore, Santander and HSBC and also our position as a leader in the care sector.
