Voisin Law advise LV Care Group on the sale of a majority shareholding in LV Group Limited
Daniel Walker | 21/04/22
Voisin Law has advised the local founders of LV Care Group, a leading care group provider in Jersey, on its sale of a majority shareholding in LV Group Limited to Emera, with the management team retaining a significant ownership stake in the LV Care Group going forward.
The transaction also involved the acquisition by Aedifica, a Belgium listed real estate investor, of five of the properties currently owned by LV Care Group, with Aedifica specialising in investing in European healthcare facilities, in particular, housing for seniors with care needs.
The Voisin Law corporate team was led by partners Daniel Walker and Nigel Pearmain and assisted by associate Michael Davies with banking partner Kate Anderson leading on the financing aspects and property partner Natalie Harris advising on the property elements of the transaction.
Speaking on the transaction Voisin Law Partner, Daniel Walker commented: “We have worked closely with the management team since 2016 and have seen the business grow significantly since that time and we were very pleased to support them in relation to this sale. I know they are looking forward to their new partnership with Emera, one of the leading French care home operators, which I’m sure will have a very positive impact on the care sector locally.”