Sunday, April 28, 2024
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CQC Compliance acquisition bolsters Ellis Whittam’s services

Consultancy firm CQC Compliance has been bought by safety and risk management business Marlowe plc. The acquisition, for approximately £2m, will sit within Marlowe’s governance,...

Government loan supports Audley Group development

A £40m loan is being provided to accelerate the construction of 255 mid-market retirement homes in Audley Group’s Mayfield Villages portfolio. The cash injection from...

Joint venture to develop retirement communities

The real estate investment and advisory arm of Noé Group has entered a joint venture with Revere Life to develop senior living communities in...

Friends of the Elderly expects losses for ‘next year or two’

The pandemic had a ‘dramatic impact’ on finances at Friends of the Elderly (FotE), with care home occupancy reporting 70 (21%) fewer residents in...

Sheikh Holdings Group considers offer for CareTech

The family office of Haroon and Farouq Sheikh – chief executive and executive chair of CareTech respectively – is at the early stages of...

OakNorth director remains ‘bullish’ over care sector

OakNorth Bank has appointed Steve Wilson as a director in its debt finance team, as it looks drive lending across the social care sector. Wilson,...

OakNorth supports Nightingale Healthcare’s deal for Care Unique

Nightingale Healthcare Group has bought Care Unique, a homecare business in Bradford, West Yorkshire, supported by a loan from OakNorth Bank. OakNorth provided £760,000 to...

Increased capacity helps drive up revenue and EBITDAR at Witherslack Group

Growth in capacity helped drive up revenue and profitability at Witherslack Group, with directors confident of its performance this year due to strong occupancy...

Aedifica to invest £27m in two care homes

Aedifica has continued its investment drive in the UK with a £27m deal to buy one care home and develop another. St Mary’s Riverside, which...

Elevation raises £330m for care home real estate

Elevation Advisors LLP has completed the initial closing of £330m in equity commitments for its healthcare real estate investment vehicle in UK care homes. The...