Client stories

Helping to develop the UK care home market

Investing in the future of care homes

Selba Care is a newly-established vehicle, set-up by AcalisCare, that’s focussed on acquiring and investing in care home groups across the UK. The first of these acquisitions is Balhousie Care Group, which consists of 28 well-invested care homes, operating in the elderly and specialist care space, that are located in clusters across central and eastern Scotland.

NatWest structures financing package

After approaching NatWest for support with the Balhousie acquisition, Selba Care and NatWest worked closely on the financing package that would not only fund the Balhousie deal but support Selba’s long-term business growth strategy too.

Selba Care’s first UK acquisition a major milestone

Lieven Baten, Selba Care, commented: “We are thrilled to have completed our first UK care home acquisition, which marks a major milestone of our growth strategy, and we thank the NatWest team for their guidance and for structuring a tailored financing package which will help us grow in the UK.”

Chris Lewis, NatWest, said: “We’re genuinely excited to be helping develop the UK care home market through this loan to our new customer, Selba Care.  We are also delighted to be working with the Selba team to support their future growth plans.”

Disclaimer

The information provided in this article has been prepared by National Westminster Bank Plc (NatWest) for information purposes only and is subject to change from time to time. The information and views expressed should not be treated as advice or a recommendation of any kind. NatWest makes no representation, warranty, undertaking or assurance of any kind (express or implied) with respect to the adequacy, accuracy, completeness, or reasonableness of the information provided and disclaims all liability for any use you, your affiliates, connected companies, employees, or your advisers make of it. NatWest accepts no liability whatsoever for any direct, indirect, or consequential losses (in contract, tort or otherwise) arising from the use of this material or reliance on the information contained herein. However, this shall not restrict, exclude, or limit any duty or liability to any person under any applicable laws or regulations of any jurisdiction which may not be lawfully disclaimed.

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Article image © Selba Care.

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