Client
The client is a developer of senior care homes, based in the U.K.
Scenario
The Company intends to create - via acquisition - a Group consisting of multiple residential/nursing Homes from (i) M&A Targets identified as under-reporting EBITDA and asset values, in order for them to (ii) restructure financial reporting leading to (iii) an exit via trade sale in 2028.
Solution
Wealthbullet arranged a funding of GBP 15 million on a convertible loan note basis with a term of 60 months.
GBP
15 Million
Country
U.K.
Sector
Healthcare
Sub-sector
Domiciliary Care
Deal Type
Project funding
Structure
Convertible Loan Note
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