Gowling WLG advises Montreux Healthcare Fund on acquisition of specialist care sites

Gowling WLG's corporate team has advised The Montreux Healthcare Fixed Yield Fund on its acquisition of eleven specialist care sites from The Huntercombe Group.

The Huntercombe Group provides hospital and residential care for young people and adults with mental illness, brain injuries which require rehabilitation or ongoing neurological care, or who have learning disabilities amongst other high acuity care needs.

Montreux will continue to run the business under the Huntercombe name as a new platform investment in UK-wide high acuity specialist care.

Completion of the acquisition is subject to customary regulatory approvals and is anticipated in Q1 2021.

Gowling WLG corporate partner Neil Hendron led on the transaction, supported by senior associate Chelsie Taylor (corporate) and principal associate Stephen White (real estate). Banking partner Alasdair McKenzie led on the financing aspects of the transaction, supported by associate Sam Evans.

Neil said: "We are very pleased to support long-standing client Montreux on this acquisition and what represents an exciting new platform within the UK specialist care sector".