The funding from Barclays will support the acquisition of the 60-bed care home, based in South Lanarkshire, and will add 39 staff to Keane’s team of carers. Modernisation of the home will now begin with a new name, Ryan Meadows Care Home.

Barclays has now supported Keane Premier Group with over £4.5m of funding since 2016. The firm now boasts a total of six care homes across the group, plus additional home care services.

The deal team was led by Alistair Stewart, relationship director at Barclays.

Ryan Smith, managing director, Keane Premier Group, said: “The support that Barclays has given us has been key to helping us expand our business. My relationship director has created a tailored package to help our business grow sustainably in line with our commercial aspirations, this investment will allow us to continue to develop the high-quality care we are known for.”

Jamie Grant, head of Barclays corporate banking in Scotland, added: “Keane Premier Group is a great example of a Scottish business with family roots and genuine passion for helping people including residents, families and local communities. We are delighted to have supported the business in growing their care offering in Scotland.”