Hillcroft Nursing & Residential Care Home in Wordsley, near Stourbridge, has facilities for people with physical needs and for people living with dementia.
It has been sold by Astley Care to Gugan Healthcare for an undisclosed sum.
Montane Care brokered the deal on behalf of Astley Care, which is owned by Jay Patel and continues to operate five homes across the Midlands and Cheshire.
Darren Edwards of Montane Care. Picture: Astley Care
The acquisition marks a return to the sector by Gugan, which sold its previous care home in North Wales last year.
Montane Care, which provides commercial advice on the sale and acquisition of care homes and childcare facilities across the UK, is part of the Montane group of businesses, which has its headquarters in Buxton, Derbyshire, and an office in Chorley.
The group includes Montane Finance, an award-winning, independent finance broker for the hospitality and healthcare sectors, and Montane Insurance, a boutique commercial broker for the hospitality and healthcare sectors.
The garden at Hillcroft Nursing & Residential Care Home. Picture: Astley Care
Darren Edwards, healthcare agent at Montane Care, who led the deal, said: “Hillcroft has been a trusted and highly-respected provider of nursing and specialist care services for over three decades.
“It is known for delivering high-quality care for individuals with a range of needs, including dementia and physical disabilities.
“We are pleased to announce its successful sale on behalf of Astley Care. The transaction represents another milestone in our continued dedication to supporting the health and social care sector with thoughtful, strategic and well-executed business sales.”
An aerial view of Hillcroft Nursing & Residential Care Home. Picture: Astley Care
He added: “This transaction reflects the continued demand in the market for well-run, reputable care settings. Buyers remain highly motivated to acquire care homes with a proven track record, strong compliance ratings and a positive local reputation.
“The sale of Hillcroft further demonstrates how businesses like these can attract serious, experienced operators who are keen to invest in delivering quality care.
“We understand that the decision to sell or grow a care business is significant and often deeply personal, and it’s important to have trusted partners who can manage these processes with empathy, confidentiality and professionalism.”
Jay Patel said: “Despite the complexities involved, the sale was managed with care and precision, ensuring minimal disruption to residents and staff.
“Montane’s professionalism, sector knowledge and steady communication helped to make the process feel smooth, efficient and well-supported.”
Gugan Healthcare owner Parthi Kandasamy said he was keen to build on the strong reputation Hillcroft has developed under Jay’s leadership.
Parthi added: “I am grateful to everyone involved for helping make the transition a positive one.”
Kareem Baig and Andrew Stilton of Newhall Solicitors represented Astley Care. Rachael Brown and Stephen Hiscocks of Cardiff-headquartered Howells Solicitors advised Gugan Healthcare.
Hillcroft Nursing & Residential Care Home. Picture: Astley Care