Care home group expands its Welsh portfolio with latest acquisition

Oakwood Care Group has acquired Forest Gate Healthcare

Oakwood Care Group has completed the acquisition of Forest Gate Healthcare adding three care homes and 105 bedrooms to its expanding portfolio.

The acquisition, supported by a multi-million-pound debt facility from the Development Bank of Wales , sees Oakwood Care Group taking ownership of Oakdale Manor, a 31-bed care home in Blackwood; Ty Ross Care Home, a 38-bed care home in Treorchy; and Woffington House, a 36-bed care home in Tredegar.

The deal, the value of which has not been disclosed, significantly expands the group’s presence in Wales, increasing its workforce to approximately 200 people from around 70. It also strengthens Oakwood Care Group’s ability to provide residential care across multiple communities while safeguarding jobs and supporting future investment in care provision.

Founded by chief executive Kuljit Grewal, Oakwood Care Group’s portfolio now spans five care homes across Wales, including Bryngwy Care Home in Powys and Williamston Nursing Home in Pembrokeshire, alongside the three newly acquired homes.

The Development Bank of Wales has supported Oakwood Care Group, which is headquartered in Maidenhead, throughout its growth journey. In 2024 it provided a loan to support the purchase of Williamston Nursing Home and last year a further debt facilitate the purchase of Bryngwy Care Home.

JCP Solicitors’ Corporate and Commercial Property teams, advised Oakwood Care Group on the Forest Gate Healthcare acquisition.

Mr Grewal said: “This acquisition is a major milestone for Oakwood Care Group and reflects our long-term commitment to providing high-quality care across Wales.

“Our focus has always been on people first. These are not simply care facilities; they are homes for residents and important parts of their local communities. We are looking forward to working with residents, families and staff across Oakdale Manor, Ty Ross and Woffington House to build on the excellent care already being delivered.

“The support of the Development Bank of Wales has been invaluable throughout our growth journey. Strong, long-term partnerships give businesses like ours the confidence to invest, grow and continue improving services in a rapidly changing care environment. This investment places us in a strong position to continue supporting communities and strengthening care provision across Wales.”

Richard Easton, portfolio executive at the Development Bank of Wales, said:“Oakwood Care Group has established a strong track record of successfully acquiring and developing care homes while maintaining a clear focus on quality care and resident outcomes.

“This acquisition represents a significant step forward for the business, safeguarding employment, increasing its reach across Wales and supporting the delivery of high-quality care services to more communities. We are pleased to continue supporting the group as it builds on its success and creates a platform for future growth.

Property advisory firm Christie & Co acted for Forest Gate , which provides an exit for Richard and Ian Hutchinson. They said: “Having started the business over two decades ago, this was an important decision for our family. We are proud of what has been achieved and confident that Oakwood is the right partner to take the business forward.”

Oliver McCarthy, director, – care at Christie & Co comments, “We are pleased to have facilitated this discreet sale. Forest Gate is a well-established and highly regarded business, and this transaction demonstrates the continued demand for quality care operators. We wish both the Hutchinson family and the Oakwood Care Group every success in their respective future ventures.”