Stephenson Harwood has advised the shareholders of Angela Swift Holdings Limited (ASHL) on the sale of luxury care homes operator Silk Healthcare to Methodist Homes.

Silk Healthcare operates four care homes, with a fifth in development. Methodist Homes will acquire and operate all five as part of the sale.

The deal was led by partner Karima Hudson, with support from partner Maryanna Sharrock (tax), senior associates Stewart Scott (real estate) and Oliver Jefferies (finance) and associate Michelle Gomes (corporate).