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Virgin Money extends £13m facility to fund McGoff Group's luxury care push

What's the deal? McGoff GroupDealroom has a profile for this one. Try Dealroom → has secured a £13m debt funding facility from Virgin MoneyDealroom has a profile for this one. Try Dealroom → to back its luxury care home division, Dunham Care.

What's the endgame? The five-year loan will support the continued stabilisation and long-term maturity of Herne Bay Manor in Kent, the first care home under the new brand.

The signal: The facility marks a quick return to fundraising for McGoff Group, a sign of momentum as it builds out a premium care offering — and of continued lender appetite for the UK care sector.

Read more: World News

Image credit: USACE Europe District

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