Yorkshire provider Constantia Healthcare has – with the support of law firm Clarion – completed a refinancing to facilitate future growth.
Constantia, which operates nine care homes, provides long-term, short-term, and respite care, as well as specialist care for people with complex needs. The provider has completed eight acquisitions since 2018, all advised by Clarion. The most recent purchase was The Millings Residential Care home in Bedale, North Yorkshire, in 2024.
The Banking and Finance team at Clarion advised on a refinance and acquisition facility to allow Constantia to continue with its expansion plans.
Constantia chairman Anthony Massouras said: “This refinancing will support the continued expansion of our business. The milestone couldn’t have been achieved without the support and expertise of Clarion, who have been a trusted partner to us on our acquisition journey.
“Clarion’s guidance has been crucial in successfully integrating eight care homes into our portfolio and we look forward to working with the team to expand our business further over the coming years.”
Clarion’s Avril Higginbottom commented: “This refinancing was a cross-department effort from Clarion, with experts from across our Banking and Finance, Corporate, and Real Estate teams, working together to deliver the best outcome for the client.”
