Leeds care home rebranded following £3m investment and acquisition
A Leeds-based care home is undergoing a branding transformation after being acquired by healthcare firm Armighorn Capital Ltd.
By securing the £3m investment from growth capital specialist Frontier Development Capital, the healthcare firm was able to acquire and rebrand the home as part of its ongoing expansion.
Carl Perry, investment manager at Frontier Development Capital, said: “By providing this investment, we are helping Armighorn take a positive step on its growth journey to deliver an outstanding quality of care.
“Outside of financial backing, we are committed to working with Armighorn’s management team to help navigate the firm’s expansion both organically and through acquisition.”
Formerly known as Copper Hill Care Home, the newly named Aspen Hill Village is the latest in a round of acquisitions for the healthcare firm, which already operates four care homes in the Midlands.
Navjot Singh, director at Armighorn Capital Ltd, explained: “Armighorn has a strong track record of transforming care homes needing improvement. Residents are our most important priority… when acquiring a new site, we work hard to not only make physical upgrades, but also assess and implement operational changes to raise service quality.
He continued: “We plan to apply the same principles to Aspen Hill Village, ensuring that existing and future residents receive the highest standard of care.”
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