Constantia CH

November 2021

Acquisition capital to finance the purchase of a 45-bed nursing home in Yorkshire and exit of 50-bed nursing home in Lancashire.

Trevally Capital Ltd is pleased to announce its full exit of its financing to Constantia Healthcare Investments Ltd in October 2023 and prior to that, Constantia CH Limited in April 2023, owners and operators of elderly residential and nursing care homes respectively.

Trevally Capital Ltd provided £1,900,000 of acquisition funding to Constantia Healthcare Investments Ltd to finance the purchase of Middlesbrough Grange, a 45-bed elderly care home based in Middlesbrough. Trevally Capital Ltd had also previously provided £3,150,000 of acquisition capital to Constantia CH Limited to finance the purchase of Crawshaw Hall Medical Centre, a 50-bed nursing home occupying a Grade II* listed building in Rossendale, Lancashire.

Care homes continue to play an important role in the care of the elderly and vulnerable. There are approximately 480,000 registered beds in over 12,000 (residential and nursing) care homes across the UK, as at December 2022 (source: Knight Frank). Demand, driven by an ageing population and reduced state provision of residential and nursing care, continues to grow with an additional 24,000 places required over the next 5 years (source: LaingBuisson).