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The Business Magazine - B2B Business News - Site Logo
The Business Magazine - B2B Business News - Site Logo
The Business Magazine July 2024
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Serenata Care acquires Two Cedars Care Home

Dorset-based Serenata Care has purchased Two Cedars Care Home in Broadstone, next door to Park Lodge Care Home which the business already owns.

The company’s portfolio is rounded out by the Abbey Rose Residential Care Home in Ringwood, meaning Serenata is now able to look after the needs of 17 residents.

Two Cedars provides residential care for adults over 65 years.

The acquisition of the 7,114 sq ft Two Cedars ensures the continuity of its services to its residents, overseen by a team of 25 carers.

The business hopes to boost capacity of the new care home to accommodate more residents, while further developing the skills of its team. As a result of the acquisition, it anticipates an increase in turnover of 10 per cent in the next year.

Buyside Advisors Include

    Sellside Advisors Include

    Share
    Two Cedars Care Home
    has been acquired by
    Serenata Care
    June 2024
    UNDISCLOSED
    KMG Independent Limited
    has been acquired by
    Skerritts
    UNDISCLOSED
    who's behind the deal?
    Wildnet
    has received investment from
    UK Infrastructure Bank
    July 2024
    £35m
    who's behind the deal?
    Concept Environmental Solutions
    has been acquired by
    Celnor Group
    UNDISCLOSED
    who's behind the deal?

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