signature
Signature Senior Lifestyle announces £250 million development plans and senior management promotions and additions
Beaconsfield,
UK. February 11, 2013 —
Signature Senior Lifestyle Ltd, a UK developer and operator of
premium nursing care homes, today announced its plan to develop an
additional 11 new homes in London and the Home Counties in the next
four years, at a cost in excess of £250 million. There are also
senior management promotions and additions to support the company’s
future growth.
Signature currently operates four senior care communities in Surrey, Sheffield, Leicester and Kent. It has now cumulatively arranged more than £250 million in capital funding, through a combination of institutional investment and bank funding, to develop up to eleven further Signature communities over the next four years.
Four of these new communities are now under construction – at Brentwood in Essex, Kingston-upon-Thames, Marlow in Buckinghamshire, and Epsom, Surrey. Signature has acquired or is in negotiation for additional identified sites in south east England which are in various stages of development. The development team expects to begin construction of seven more projects over the next few years under the continuing team leadership of Wayne Pryce, Director of Development and Construction.
To support the company’s growth, Signature has made several management promotions and additions.
Tom Newell, who has served as Signature’s Chief Executive Officer since October 2008 after previously serving as a company advisor, has been promoted to Executive Chairman.
Aidan Roche, who was a founding member of senior management when Signature was formed in 2006 and has served as Chief Financial Officer since that date, has been promoted to Managing Director.
Other recent promotions and additions include Tom Ball, who will serve as Finance Director; Neil Phillips, Commercial Director; and Naz Dhanji, Head of Finance and Planning. Sarah Devlin has assumed the role of Group Sales and Marketing Director. Joanne Lindley will fill the newly created position of Group Care Quality Manager.
Signature also anticipates supplementing its current operations team by appointing a Chief Operating Officer by the end of September.
Signature currently employs more than 450 team members. The 11 new homes will create a need for more than 1,000 additional employees. Signature is actively recruiting for General Managers and other home based staff and support office employees. Interested applicants are encouraged to view opportunities through the recruitment section of Signature’s website, www.signature-care-homes.co.uk
About
Signature
Signature Senior Lifestyle was established in 2006 and continues to be backed by investments from funds managed by Cabot Square Capital LLP, a UK private equity company specialising in building asset based businesses. Signature develops and operates high quality Nursing Homes intended to offer an alternative to conventional senior care homes by integrating community facilities and high quality services and care within a residential home-like environment. Signature combines a product concept developed in-house specifically for the UK customer and a unique resident-by-resident ‘bespoke’ approach to the provision of quality care and service.
The Signature Way of care and service results in satisfied customers. In resident satisfaction surveys c90% of Signature residents would recommend Signature as a place to live. In addition, in staff satisfaction surveys c90% of Signature employees would recommend Signature as a place to work.
More information regarding Signature can be found at www.signature-care-homes.co.uk
For Media Enquiries contact:
Alan Rustad, AR Communications
0844 585 5959 or 07976 722726
alan@ar-comms.com