Laso Health Care acquires Doncaster care home with funding from Barclays
Laso Health Care Ltd (LHCL) , the South Yorkshire care business, has secured funding from Barclays to acquire a Doncaster care home.
The Church and Manor View Care Home is located at Manor Road, and employs over 60 staff locally.
Thee business is registered to care for 54 residents providing nursing, residential and dementia care.
Akshat Jaganmohan, managing director of LHCL, said: “We are very excited to be expanding the group and our priority is improving the quality of life for those who choose to reside with us, maintaining their privacy, dignity and ability to manage their own lives.
“Through new services, we will be able to provide an improved residential experience and support more families with the care of their loved ones.”
Justin Parker, Barclays business banking manager, commented: “We are delighted to work with Akshat and his team and provide a full banking package for the acquisition.
“This deal demonstrates Barclays understanding of the sector and commitment to healthcare businesses and we look forward to supporting the group to achieve their ambitious growth plans for the future.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
How businesses can reduce workplace safety risks with custom solutions
Tech firm unveils jobs plan after £530,000 backing
SMEs urged to think big at Newcastle event
B Corp is a commitment, not a one-time win
Government must get in gear on vehicle transition
A legacy in stone and spirit
Shaping the future: Your guide to planning reforms
The future direction of expert witness services
Getting people into gear for a workplace return
What to expect in the Spring Statement
Sunderland leading way in UK office supply market
Key construction developments in 2025