Safanad has sold HC-One, one of United Kingdom’s largest care home provider, with nearly 300 homes and servicing around 15,000 residents, to an undisclosed healthcare REIT, at a sale price of more than $1.6 billion.
The sale concludes a 10-year investment and business-building period during which Safanad led HC-One’s transformation into the largest care home platform in the United Kingdom. This growth was driven by a clearly defined strategy combining organic expansion and four strategic bolt-on acquisitions, which collectively established HC-One’s national scale, operational excellence, and leadership position in the U.K. market.
“HC-One has been a defining investment for Safanad and a clear example of our long-term, partnership-driven approach,” said Kamal Bahamdan, founder and CEO of Safanad. “Over the past decade, we worked closely with management to strengthen HC-One’s foundation, modernize operations and enhance the standard of care delivered to tho
