Carterwood would like to congratulate Signature Senior Lifestyle who, alongside Care UK, will be taking over the leadership and management of all homes run by Sunrise Senior Living UK and Gracewell Healthcare in the country.
Following the decision of Sunrise Senior Living US to focus its growth and development within North America, the team at Carterwood were delighted to support Signature Senior Lifestyle with bespoke acquisition advice and market share assessment.
Carterwood undertook an assessment of the market share across Signature Senior Lifestyle’s existing elderly care home markets and local authority areas, in addition to those of the prospective Sunrise Senior Living UK and Gracewell Healthcare care homes. The assessment identified the total market share of all elderly care home beds, alongside an analysis by various care types covering a combination of the personal care, nursing care, and dedicated dementia care markets.
Aidan Roche, CEO of Signature Senior Lifestyle, comments:
“We have worked in partnership with Carterwood for nearly a decade and rely on their market-leading expertise to guide our decision-making across our portfolio. Carterwood’s specialist knowledge of the elderly care home sector is invaluable, and we have great trust in their data and insight to show us exactly what we need to know to make the right decisions for the company. Carterwood’s market share analysis gave us the assurance to push forward with our acquisition plans, allowing us to expand our network of homes across the South East and further invest in our facilities and services.”
Signature will welcome 20 homes (18 from Sunrise Senior Living UK and 2 from Gracewell Healthcare), adding to its already successful portfolio of 13 operational homes, with a further 3 in construction. Care UK will welcome the other 26 homes into their portfolio (7 from Sunrise Senior Living UK and 19 from Gracewell Healthcare).
Aidan Roche, CEO of Signature Senior Lifestyle, adds:
“Adding 20 new homes to our portfolio is the latest stage of the growth story that began when we started the business in 2006 and is a testament to the hard work and dedication of the entire Signature team. Since day one, Signature has pursued a relentless focus on quality, with the resident at the heart of everything we do. We will be working towards a seamless transition for staff and residents and are hugely excited to be taking these next steps together.”
The transfer of homes is expected to complete towards the end of the year, and we are looking forward to watching both Signature Senior Lifestyle and Care UK go from strength to strength with their continued growth plans.
Let’s talk
For more information about Carterwood’s sector-specialist market-analysis reports, visit staging.carterwood.flywheelsites.com or get in touch with Tom Hartley on 07715 495062 or tom.hartley@carterwood.co.uk.
