Terra Firma has put a £225m price tag on 24 Brighterkind care homes that continue to be subject to a legal dispute, it has been reported.
An article in the Financial Times on Sunday (7 October) said the search for a buyer comes after the private equity firm won a court case against H/2 Capital Partners over ownership of the homes.
In June Terra Firma won the case after an error by lawyers in relation to the care homes, which sit in the Four Seasons Health Care Group portfolio.
The High Court ruled that law firm Allen & Overy had incorrectly pledged the 24 homes to H/2 Capital in 2016. The properties were separate to those being sold under a deal between Terra Firma and H/2 Capital Partners.
The FT reports that H/2 is appealing the case despite them being for sale.