Specialist care leader Johann van Zyl and healthcare finance expert Jamie Stuart launch a new Downing-backed platform with the strategic acquisition of two purpose-built care homes.
Downing launches Fortava Healthcare Ltd, a new dementia care company based in Peterborough. The company is led by CEO Johann van Zyl, co-founder of Cornerstone Healthcare and a recognised specialist in complex care, alongside CFO Jamie Stuart, a healthcare finance expert and former Deputy Head of Healthcare at Virgin Money.
It has acquired two purpose-built, 50-bed care homes—The Maltings and Thorpe Wood—previously operated by Peterborough Care Ltd. These homes will serve as the foundation for Fortava’s ambitious mission: to become an innovative provider of dementia care with a model centred on cognitive stimulation therapy.
Torsten Mack, Investment Director at Downing, said:
"We are proud to support this exceptional management team, whose strong track record positions them well to build a new business in dementia care. This needs-based sector is underpinned by a lack of quality supply and we are investing in Fortava Healthcare to set and deliver high standards, and to help make a difference."
Johann van Zyl, CEO at Fortava, added:
"I’m thrilled to be working with Jamie, as we share the same values. We plan to grow Fortava into a leading provider of dementia care over the next five to seven years. But growth isn’t our primary focus—our goal is to deliver outstanding care and foster a joyful, supportive environment for both residents and staff. We’re delighted to be partnering with Downing who also share our values and we look forward to this journey with them."
Jamie Stuart, CFO at Fortava, commented:
“For me, it's about being more than just another care home provider. While dementia care in the UK is generally of a good standard, we want to set ourselves apart with a fresh approach. That’s why, after over 25 years in banking, I chose to partner with Johann and Downing on this venture.”
Downing was advised by Hill Dickinson (Legal), Hazlewoods (Financial and Tax), Connell Consulting (Commercial), Fulcrum (Operational), JLL (Valuation Services) and Vista (Insurance). Management was advised by Marriott Harrison.
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