The Partners
at Taylors, the North West
commercial law firm, have acted for
the firm’s client, Highpoint Care
Limited, in the purchase of a new
build care home from LNT
Construction Limited, part of the
LNT Group.
Highpoint Care, which is owned by
entrepreneur, Hemant Patel, has
purchased the 60-bed purpose-built
care home located on the ‘Colliers
Croft’ site in Haydock, Merseyside,
from LNT Carehomes Limited. The
property was built by LNT Group’s
construction company, LNT
Construction Limited.
This is the first care home
purchase for Mr Patel, an
orthodontist by profession and
University lecturer, who plans to
acquire more care homes over the
next five years.
Speaking of the transaction, Mr
Patel, said, The care home industry
is going to be a long term
investment and ethical companies
like LNT will do well and provide a
valuable services to the community
by constructing quality homes, one
of which I am pleased to have
purchased with the help of Taylors”.
Highpoint Care was advised by
Taylors’ Partners across a number of
specialist areas; Commercial
Property Partner, Ruth McCarthy led
the transaction for the client;
Stephen Jarman assisted with
corporate matters; Chris Scott
advised on the construction aspects
of the transaction; Will Clayton
advised on employment and Tony
Catterall on intellectual property.
Ruth McCarthy, Commercial
Property Partner at Taylors,
commented, “Despite the slowdown in
construction in recent years, the
care sector continues to thrive.
Highpoint, under Hemant Patel, and
like many of our clients, is seeing
opportunities created by the growth
in the ageing population and the
“grey pound”, and has embarked on an
ambitious acquisition trail”.
The purchase structure was set up
and the deal completed all within a
matter of months and during this
time, Taylors provided a range of
commercial legal services to support
the deal - corporate, property,
construction, employment and
intellectual property. Challenging
but rewarding, it was a true team
effort from all those involved”.
LNT Construction, part of the LNT
Group, is the largest builder of
purpose-built care homes in the UK.
The company develops a selected
range of energy and design efficient
care homes and delivers a very
comprehensive turn-of key-package.
Its other customers include Priory,
MHA and Sanctuary Healthcare.
LNT Construction was advised by
Thomas Golding in the Care team at
Freeth Cartwright LLP. |
