Hillcroft Acquired by Gugan Healthcare
Deal News | Jul 01, 2025 | B Daily
Gugan Healthcare has acquired Hillcroft nursing and residential care home, located in Wordsley near Stourbridge. This acquisition marks Gugan Healthcare's re-entry into the sector after selling its previous North Wales care home last year. Hillcroft, which accommodates 28 residents with physical and dementia-related needs, was previously operated by Astley Care, an operator with five other facilities in the Midlands and Cheshire. The sale, for an undisclosed amount, was facilitated by Montane Care, a business property advisor part of the Buxton-headquartered Montane Group. Legal advisors for the transaction included Newhall Solicitors for Astley Care and Howells Solicitors for Gugan Healthcare.
Sectors
- Healthcare
- Real Estate
Geography
- United Kingdom – The article is set in the UK, as evidenced by the locations mentioned, such as Wordsley, Stourbridge, and North Wales. The transaction and the companies involved are based in the UK.
Industry
- Healthcare – The article discusses the acquisition of a care home, which falls under the healthcare sector as it involves the provision of nursing and residential care services.
- Real Estate – The transaction involves the sale of physical properties associated with healthcare services, a common function within the real estate industry.
Financials
- Undisclosed – The sale price for the acquisition of Hillcroft by Gugan Healthcare.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hillcroft | Target Company | Company | Nursing and residential care home located in Wordsley, UK. |
| Gugan Healthcare | Bidding Company | Company | Healthcare provider that has acquired Hillcroft care home. |
| Astley Care | Selling Company | Company | Previous operator of Hillcroft, with five other care homes in the Midlands and Cheshire. |
| Montane Care | Business Property Advisor | Company | Brokered the deal on behalf of the parties involved in the transaction. |
| Newhall Solicitors | Legal Advisor for Astley Care | Company | Represented Astley Care in the deal. |
| Howells Solicitors | Legal Advisor for Gugan Healthcare | Company | Advised Gugan Healthcare on the transaction. |