Home operator Allegra Care has acquired the five-home Sentinel Health Care group.
The five operational homes, collectively providing 200 beds, are located across Hampshire: The New Forest, Dunwood Manor, Waverely Lodge, Cedar Lawn and Fordingbridge homes.
This is the first acquisition following the establishment of the partnership between Allegra Care and real estate fund manager the Moorfield Group, in 2020. The group aims to create an initial £125 million portfolio of nursing and dementia care homes in Central and Southern England. The acquisition was supported by Allied Irish Bank (AIB) as debt provider.
Allegra Care operates on the household model principles of wellbeing and inclusion. Its first acquisition was St George’s in Weston-Super-Mare, in 2019.