Press Room

31 July 2012

Bank of Ireland UK has recently provided funding to Patron Capital to acquire the award winning 68 bed specialist care facility at Badby Park, Northampton.

Bank of Ireland UK has recently provided funding to Patron Capital to acquire the award winning 68 bed specialist care facility at Badby Park, Northampton.
Badby Park is a unique, comprehensive facility that provides rehabilitation, long term care, respite and palliative care for people with neurological illnesses, acquired brain injuries and spinal injuries and has won awards within the healthcare sector for its building and design.  The purchase of Badby Park by Patron Capital is part of its ongoing commitment to deliver the best personalised care in the finest care homes in the UK.

Commenting on the deal Martin Smyth, Head of Healthcare and Hotels, at Bank of Ireland UK said: “Bank of Ireland UK is pleased to support Patron Capital in its acquisition of Badby Park and in achieving its objective to deliver the best personalised care for its residents”.

The new board of Badby Park will be chaired by former Four Seasons Health Care and Westminster Healthcare Chief Executive Tony Heywood and will include Tim Street, also formerly a board member of Four Seasons Health Care and Westminster Healthcare, and Daniel Kay a senior adviser at Patron Capital with a focus on healthcare investments.

Mr Kay added: “Once we had decided to acquire Badby Park, Bank of Ireland UK was an obvious choice for us to approach given their significant knowledge of this sector.  We share the desire to enhance and enrich the lives of people in need of care and support”.

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Sara Holland

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Bank of Ireland UK

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