Wednesday, April 17, 2024
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Care revenues grow at Bupa as occupancy returns

Growing occupancy and more self-funders helped deliver growth in both revenue and profit across Bupa’s care services in the UK. Results showed average occupancy growth...

Aedifica completes ten projects in Q1

Aedifica completed ten projects in the first quarter of the year in Finland, Germany and the UK. It invested €74m (£65.7m) in the properties, adding...

Careport Group intends to ‘cautiously grow’ bed capacity

The Careport Group plans to increase the number of beds it operates across its existing homes as well as targeting acquisitions.

Anavo Group acquires homes after operational improvements

Anavo Group has completed the acquisition of five homes in Scotland. The homes are Burnside in Laurencekirk, Kincardineshire; Newark in Port Glasgow; Spiers in Beith,...

Avery Healthcare focuses on organic growth and acquisitions

Avery Healthcare has posted rising revenue and EBITDA as it continues to concentrate on growing operations organically and through acquisitions. The premium care provider posted...

Advinia ‘well positioned’ to grow capacity despite dent in profitability

Advinia Health Care Ltd remains confident of growing capacity both organically and through M&A activity as it recovers from the ‘hyper inflationary environment’. The provider,...

Ashberry Healthcare acquires care home from MHA

Ashberry Healthcare has completed the acquisition of Engelberg Care Home in Wolverhampton, West Midlands, from Methodist Homes (MHA). Ashberry operates six other homes in Surrey,...

Canford Healthcare reports growing EBITDA

Canford Healthcare posted growing profitability despite funding pressures and shortages of staff. The operator, which is backed by US REIT Ventas, provides residential, nursing, dementia...

Cow Corner takes major stake in CRS

Specialist software and services focused private equity investor Cow Corner has acquired a significant stake in Compass Recruitment Solutions (CRS). The investment will enable CRS...

Aedifica acquires Rosewood House for £15.5m

Aedifica has grown its portfolio of UK care homes with the acquisition of Rosewood House in Tower Hamlets, London, for £15.5m. The investor has acquired...