News - Midlands

Hodgkinson tackles career conversion

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Former England rugby international and Nottingham captain Simon Hodgkinson has embarked on a new career as a care home owner.

Hodgkinson is now the owner of the Westcliffe Care Home in Radcliffe-on-Trent. He was advised on the purchase by the healthcare team at Nottingham law firm Berryman.

Head of Berryman healthcare, Roger Harcourt, said: "We worked with Simon to identify the type of care home business he was looking for, and through our contacts we found the right care home that was available for purchase.

"We also put him in touch with a specialist healthcare accountant, whilst our contacts with local financial institutions meant we were able to introduce him to three banks and work with him on negotiating favourable terms for the funding of the purchase.

"Now the purchase has completed, we are continuing to work with Simon and his wife as mentors to assist in 'upskilling' them to ensure the efficient running of the care home."

The transaction was also assisted by Linda Richardson, John Roddy, David Sauvain and Guy Whitehead at Berryman. Accountants on the deal were Colin Peacock and Simon Hopkin of Greenhalgh, and the purchase was funded by Lloyds TSB.

 
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