Christie & Co has announced the sale of St Quentin Care Homes Ltd which comprises a trio of profitable care homes in Newcastle-under-Lyme, Staffordshire.

Established in 1989, St Quentin Care Homes is a family-run business that has evolved over the years to now comprise three highly-profitable homes – St Quentin Nursing Home in Sandy Lane, The Hawthorns, and Langley House, which are all on the same site.

The homes provide ‘Good’-rated nursing, residential, and younger adult care for up to a total of 73 residents.

In addition, planning has been approved for another nursing home on the site.

The group was previously owned by the Averill family, who decided to sell as part of their retirement strategy.

Following a confidential sales process with Paul Reilly at Christie & Co, the three homes have been purchased by HMT Charitable Trust, which owns a number of homes and two private hospitals.

Emma Averill, managing director and former owner of St Quentin Care Homes Ltd, said: “We started St Quentin 36 years ago as a family and, having built it up over the years, we wanted to secure its future with a company that shared our values and were progressive and innovative.

“We are delighted to have sold to HMT Charitable Trust. As experienced operators in the sector, we have every confidence they will continue to build on the good foundations already established and take St Quentin forward to provide an outstanding level of care.”

Nichola Stefanou, chief executive at the HMT Charitable Trust, added: “Welcoming St Quentin Care Homes into the HMT fold is a significant milestone for us.

“At HMT we are dedicated to providing exceptional care, particularly in the field of dementia.

“St Quentin Care Homes perfectly aligns with our existing three care homes that specialise in this area and, as a charitable trust within the wider healthcare sector, we believe it is our social responsibility to ensure that communities have access to a range of care options.

“Therefore, by expanding our presence, we aim to advance a balanced market of providers so individuals and families have access to a range of high-quality care options that best suit their individual needs.”

St Quentin Care Homes Ltd was sold for an undisclosed price.