Eversheds has advised Anchor, England’s largest not-for-profit provider of housing and care for older people, on acquiring 29 care homes in the UK.

In the first transaction, Anchor acquired 24 care homes across the North and Midlands in a deal worth more than £100m from LNT Group.

Separately, Anchor has also acquired the UK Cavendish Healthcare Group business including five residential care homes in Essex and Suffolk.

The deals have increased Anchor’s property portfolio to 119 care homes.

Eversheds advised on all legal aspects of the acquisitions.

The Eversheds team was led by Partners Susan Samuel, Jason Wurzal and Robin Skelton. They were assisted by Associates Jonathan Pollard, Sophie Hardaker, Claire Burns, David Parry, Russell Naglis, Maxine Burton, David Smith and Sarah Illidge. Paul Cotton is client partner for Anchor.

Susan Samuel, commented:

“We are immensely proud to have played a role in these significant transactions which will not only assist Anchor to achieve their growth plans, but also enable them to continue delivering exceptional services to their residents.”

David Edwards, General Counsel for Anchor said:

"These transactions have been significant for our business. The Eversheds team were tremendously supportive, working with our teams to deliver the transactions simultaneously. It was a great team effort.”