Kara Healthcare has acquired seven care homes – six properties in the Northeast acquired from administrators and lender ThinCats, alongside the purchase of Olive Row Care Home from family-run operator Peterborough Care.

Founded in 2013, Kara Healthcare also provides care across its three purpose-built homes in Leicestershire, Northamptonshire and Peterborough.

Kara Healthcare chief executive Nick Somani said: “These acquisitions are not just about growth – they represent our unwavering commitment to redefining care excellence. At Kara, we don’t just offer care; we create meaningful experiences, spark joy and cultivate a true sense of purpose for every resident. By bringing these fantastic homes into our portfolio, we’re expanding our reach, enriching lives and setting a new gold standard in care provision.

“And we’re not stopping here. With more acquisitions on the horizon, we are actively seeking new opportunities to further strengthen our group, ensuring more communities across the UK benefit from the exceptional care we deliver.”

Law firm Shakespeare Martineau provided support for the deal across corporate, property, insolvency and banking services.

Roger Harcourt, corporate partner at Shakespeare Martineau, said: “The deals highlight the resilience and potential within the healthcare sector. While the market remains active, there are signs of distress among some operators. However, Kara Healthcare is dedicated to addressing these challenges head-on, with plans for further expansion in the coming years.