Dovehaven, the Merseyside-based care home group, recently received £55 million worth of funding to expand its present portfolio and keep delivering bespoke services to over 1,000 people living in the North West.
Operating for more than four decades in the region, the group now has 23 care homes situated across Greater Manchester, Lancashire, Cheshire and Merseyside. Dovehaven provide a comprehensive range of dementia, nursing and residential care for both respite and long-term needs.
Jenny Davies, Dovehaven CEO, said that the care group’s goal was to supply a welcoming, fulfilling and safe environment for all its residents. The new funding will support the care home group’s strategic vision of expansion in across the region. However, it will also help it continue to provide its tailored people-centred services that are designed to enhance the quality of life of nursing home residents while promoting their independence.
Supplying working capital, the finance will further the group’s “buy and build” initiative. It focuses on the acquisition of more care homes (including those underperforming), to transform them into sought-after high-quality residences.
Dovehaven is also focused on ensuring the care homes it operates are sustainable. As a result, it installs renewable technologies like air source heat pumps and solar panels at sites to reduce reliance on traditional fossil fuels and cut its carbon footprint.
From allowing operators to invest in sustainable technology to providing working capital to support expansion plans, loans for nursing homes among other finance solutions help businesses develop and modernise.
