Helen McArdle Care, the largest independent care home operator in the region, has been snapped up by HC-One, one of the largest care providers in the UK headquartered in London.
Founded in 2011, HC-One aims to be the first choice care provider in each of our communities for Residents looking for the very best care and support, and the employer of choice for the best, most professional, and kindest care staff, with sector-leading career progression opportunities.
The firm was initially founded in the 1980s by Helen McArdle CBE with a single home in a former vicarage in Beamish, County Durham .
The family behind the firm sold the firm twice, in 1989 and again in 2004 when it was sold in a £100m deal, with the McArdles keeping the trading name to start up new care homes again a few years after the sales.
Slaughter and May advised Deutsche Bank as arranger on the financing of HC-One’s acquisition of Helen McArdle Care, with a Financing team led by Edward Fife (partner, in picture), alongside Rebecca Nind (associate), Louis de Ste Croix (associate), Mark O’Connor (associate); on Real Estate matters acted John Nevin (partner) and Ben Redding (associate); and on Tax law acted Sara Luder (partner) and Tom Windsor (associate); and on Corporate matters acted Michael Corbett (partner), Anant Prakash (associate).
Involved fees earner: Ed Fife – Slaughter and May; Rebecca Nind – Slaughter and May; Louis de Ste Croix – Slaughter and May; Mark O’Connor – Slaughter and May; John Nevin – Slaughter and May; Ben Redding – Slaughter and May; Sara Luder – Slaughter and May; Tom Windsor – Slaughter and May; Michael Corbett – Slaughter and May; Anant Prakash – Slaughter and May;
Law Firms: Slaughter and May;
Clients: Deutsche Bank;