Trowers advises Swanton Care on purchase of Deanston House
International law firm Trowers & Hamlins has advised Apposite Capital-backed Swanton on the acquisition of Deanston House, a care home in Stirling, Scotland.
The Coventry-based Swanton Care is a national provider of care and support with a diverse range of services. It provides a range of different support solutions including registered care homes, care homes with nursing, community based supported living and domiciliary care across three operational areas.
Apposite Capital is an independent investment firm focused exclusively on healthcare. It focuses on companies operating in health and social care, medtech & medical products, pharmaceuticals & life science and digital health.
Deanston House offers a high standard of nursing care and support for people with learning disabilities who may also have a diagnosis of autistic spectrum disorder or behaviour which is challenging to support.
Trowers advised on the acquisition, including legal due diligence and transaction documents and also on the financing side assisting Swanton to drawdown under their existing facilities to fund the deal.
The Trowers team was led by corporate partner Alison Chivers who also was supported by Rachael Hershman, Helen Fysh and Lilli Sutherland.
"This latest acquisition from Swanton further exemplifies its commitment to widening its base in Scotland and establishing market leading care facilities throughout the country."