At Addleshaw Goddard we operate as a trusted partner in retirement living and social care finance


As the UK continues to experience high levels of population growth, and UK residents are living longer and healthier, the over 65s will soon represent almost 25% of the population. Accordingly, the retirement living sector represents a clear opportunity for funding as it continues to grow. The market has seen a number of transactions, including REIT and PE investment, and the trend for retirement village developments across the UK, which is anticipated to be a significant growth area.

Healthcare finance is a core business stream for Addleshaw Goddard and we have created a national team that work seamlessly across our UK offices, supported by a wider group of partners to ensure the highest  calibre of expertise.  Our dedicated cross-disciplinary healthcare team has amassed hands–on expertise across virtually every area of healthcare and is recognised as one of the UK's leading law firms

We have expertise in and experience of advising across a broad range of financing including M&A transactions, real estate finance, portfolio acquisitions, debt restructuring and developments

Extensive Experience 

Our recent experience includes:

  • HSBC and RBS on the provision of £80m facilities to Consort Medical plc 
  • Alliance Medical on the restructuring of a £300m debt facility, debt swap, share sale of a subsidiary and advice on equity arrangements to management
  • Clydesdale Bank in relation to acquisition and development facilities for Oakdale Care Homes
  • Assura in relation to its £300m RCF general corporate facility provided by Barclays, HSBC, Natwest, and Santander and on its £150m private placement
  • HSBC in provision of facilities to Advanced Medical Solutions Group plc 
  • Senior and second lien facilities provided by a leading UK clearing bank and CVC in connection with the £60,800,000 buyout of Medinet Clinical Services
  • Allied Irish Bank plc and AIB Group UK in its provision of acquisition finance to Integrum Care group for the acquisition of Hythe Care Group 
  • Direct Healthcare Group Limited on the acquisition of Kirton Healthcare
  • AIB Group UK in its provision of acquisition finance to Integrum Care group for the acquisition Galleon Care Homes Limited
  • Quotient Clinical – facilities for secondary buy out
  • AIB Group UK in its provision of acquisition finance to Hamberley Care Homes for the acquisition of Morrison Community Care (Milngavie) 
  • Barclays Bank in the provision of funding to The Somerset Care Group
  • AIB Group UK in the provision of acquisition finance to Hamberley Care Homes for the acquisition of Waypoints 

Key contact

Tom Speirs

Tom Speirs

Partner, Corporate Lending and Borrowing
Edinburgh

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