28 February 2019 – RDCP Care
RDCP Care has acquired the entire elderly care business of Birmingham-based elderly care operator Dignus Healthcare Group in a deal supported by an eight figure funding package structured by Allied Irish Bank (AIB)*.
Dignus Healthcare was formed in 2006, and since then has been providing award-winning support and care services for individuals with mental health conditions and learning disabilities. RDCP has acquired all four of Dignus Healthcare’s Midlands elderly care homes; Bearwood Nursing Home in Smethwick, Bartholamew Lodge Nursing Home in Wednesbury, Richmond Court Nursing Home and Caldene Rest Home both in West Bromwich.
Established in July 2015 by Sameer Rizvi and Iryna Dubylovska, RDCP Care is the care home management arm and subsidiary of London based investment firm, RD Capital Partners LLP. This acquisition forms part of RDCP Care’s continued growth strategy to expand their ownership of care and nursing homes, with the aim of becoming a top 20 UK care provider over the next decade. After this deal, RDCP Care now operate 6 nursing homes, have provision for 254 beds, and employ 272 staff members.
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