BARCLAYS has been appointed as corporate banking partner for Ann’s Care Home Ltd and provided the finance to support their recent acquisition of 13 care homes in Northern Ireland.
The deal sees the bank taking on the privately-owned healthcare provider, whose core business is predominantly domiciliary care in the north, as a client.
This new banking relationship has enabled Ann’s Care Homes Ltd to fulfil the acquisition of 13 local care homes, securing the jobs of over 1,100 staff working across all the homes and Ann’s will be working to ensure continuity of care for the 650 residents.
Louise Tiffney, relationship director, Barclays Corporate Banking in Northern Ireland said: “We've been impressed by the team’s dedication and commitment to ensure a smooth migration of the operation of the homes, to support the existing staff in all 13 care homes, as well as to provide ongoing opportunities for local jobs.”
Gabrielle McArdle, operations manager at Ann’s Care Homes, added: “With Barclays’ support, we are committed to maintaining a high quality of life for the residents of these homes and to retaining each of these homes distinctive character and personality. We will continue to work with and develop the existing staff whilst delivering the highest quality care and support to the residents and their families.”
