Press Release - 15/07/2022
Edwin Coe advises on the sale of New Century Care Homes chain
Edwin Coe is delighted to announce that it advised the vendor on the sale of New Century Care (NCC), an elderly care provider operating care homes across the UK, to alternative asset manager Gresham House and its partner, specialist care and education provider Salutem. NCC currently provides care for nearly 300 elderly residents across six sites in the south of England and in Edinburgh.
Edwin Coe’s team was led by Property Partner Joanne McIvor and Corporate Partner David Kinch. Joanne commented “It was a pleasure to work on this complex transaction. It’s one of a number that the firm’s multi-disciplinary care homes team has advised on in the past few years, in this growing sector.”
For more information on this transaction, read this article in Impact Investor.
About Edwin Coe
Edwin Coe is a London-based full service law firm with international reach. Since 1913, we have offered a comprehensive range of integrated legal services to meet the needs of individuals, organisations and businesses based throughout the UK and internationally. Our industry-leading experts provide our clients with highly personal and responsive advice, balancing profit and purpose, to help achieve their personal and business goals.
With 39 Partners, we are ranked 115 in the current edition of The Lawyer’s ‘UK 200’ law firms and are recommended in all the major legal directories. We are proud to be B Corp™ certified, part of a global community of businesses working to redefine success in business, and create a more inclusive and sustainable economy.
