Four Seasons Health Care and Barclays Capital conclude agreement on Care Principles
Posted July 11th 2011
Four Seasons Health Care and Barclays Capital announce that they have concluded a transaction under which Four Seasons Health Care has taken over the business operations of Care Principles, having obtained the required regulatory approval by the Care Quality Commission.
Four Seasons Health Care will operate the
Care Principles’ facilities via their specialised services division: The
Huntercombe Group, in partnership with Barclays Capital who will retain
ownership of the properties.
Care Principles provides care, treatment and rehabilitation for people with learning disabilities or specialist mental health needs. It offers over 430 beds in a total of 16 medium and low secure hospitals, community hospitals and care homes.
Chief Executive Officer of Four Seasons Health Care, Dr. Peter Calveley said, “Care Principles is an important strategic addition to our organisation. The services offered by Care Principles are complementary to those of our specialised care provider the Huntercombe Group, which operates hospitals and care centres providing treatment in the areas of mental health, acquired brain injury, neurodisabilities, learning disabilities and children with special needs. This is an opportunity for the two companies to enhance their service offerings through close collaboration and combining the specialist expertise that each has to offer.”
The management teams of The Huntercombe Group/Four Seasons Health Care and Care Principles have worked closely together over recent months to ensure the transition would take place with no disruption to the quality of care services for clients and patients.