Graphite has provided £35 million of development capital to Willowbrook Healthcare, alongside £43 million of bank debt, to enable it to build and acquire 14 care homes. Willowbrook was set up in October 2008 as a successor company to two previous Graphite investments backing the same team, Avery Healthcare and Optimum Care.

Willowbrook’s homes and the care provided to residents are of the highest quality. The aim is to be the 'home of choice' in a given catchment area. As a result, high occupancy and attractive fee rates are achieved, delivering a strong financial performance.

Ten homes are now open, with a further four scheduled to open in the next few months. Willowbrook will have developed eight of these 14 homes and acquired six others. Profits are growing rapidly as the new homes mature. Underlying demand is strong due to demographic trends and the need for better quality care homes in the UK.