HomefundingSpringfield Healthcare Received £4.4M from Business Growth Fund

Springfield Healthcare Received £4.4M from Business Growth Fund

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Springfield Healthcare Group, an independent provider of domiciliary care in Yorkshire and Humberside, UK, has received two investments totalling £4.4m from Business Growth Fund (BGF).

The investments of £2.5m and £1.9m respectively were made into:
Springfield Homecare, which delivers personal care to elderly people in their own homes. It was founded in Leeds in 1998 and now is an approved credited provider with seven Local Authorities in Leeds, Wakefield, Hull, East Riding, York, North Yorkshire, and Sheffield. The investment will allow the business to expand its geographical reach and to increase the number of hours of care that it can provide to service users, and
Seacroft Care Village. The investment will be used to develop a purpose-built facility situated in the Seacroft area of Leeds. Seacroft Care Village will offer a full range of care options from aspirational day care, residential, dementia and nursing care, combining with private independent living apartments; the facility will provide 96 beds and offer 24-hour personal care across the care spectrum from “light touch” day-centre service through to intensive end of life care.

Led by Chairman, Graeme Lee, Springfield Healthcare was established in 1967 as a single family-run care home and has since grown steadily, now providing care to nearly 2,000 clients each day.

FinSMEs

21/06/2012

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