Trusted legal partner for complex care home acquisitions
Tracey Dickens, Partner in the Company Commercial team at Tees, has been a trusted adviser to acquisitive care home operators for over two decades – helping them expand and adapt in a highly regulated and evolving sector.
One longstanding client, a well-established care home provider, has worked with Tracey for more than 20 years. Over this time, Tracey has supported the business through numerous acquisitions – successfully completing up to three transactions per year in some instances. This long-term relationship reflects both Tracey’s deep understanding of the care sector and her ability to deliver clear, commercial advice under tight deadlines.
A particularly complex element of these transactions involved working closely with the provider’s American Real Estate Investment Trust (REIT), which often acted as a “double-headed” buyer. Under this structure, Tracey’s client would acquire the operating company while the REIT acquired the underlying care home property. This required close coordination with the REIT’s legal team and a tailored approach to transaction documents.
Tracey led the development of bespoke documentation designed to address the nuances of this deal structure – ensuring both parties’ interests were protected, compliance obligations were met, and transactions could proceed smoothly.
Thanks to Tracey’s expertise and collaborative approach, her client has continued to grow its care home portfolio with confidence, backed by a legal partner who understands both the sector and their strategic objectives.
