Tuesday, May 14, 2024
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Cera targets up to eight deals this year

Cera Care will shift its focus to bigger acquisitions after completing the purchase of Radcliffe Home Help Services in Nottinghamshire and Advanced Community Healthcare...

Improved performance at Bupa’s care services driven by growing occupancy

Revenue from older people’s care services operated by Bupa in the UK, Spain, Australia and New Zealand has grown 8%, helping this area of...

OakNorth Bank delivers £4.4m loan for care home development

OakNorth Bank has provided a £4.4m coronavirus business interruption loan to complete the development of a care home in Upper Norwood, London. Beulah Vista Caring...
Profits slide after tough regulatory year for Runwood Homes

Suspension of services impacts Hesley Group finances

Suspensions to schools and care homes run by Hesley Group because of safeguarding concerns resulted in growing losses at the provider. Financial results for Honour...

Target Healthcare REIT exits Northern Ireland with sale of homes

Target Healthcare REIT has sold four care homes in Northern Ireland for £22m, exiting its presence in the country. While the properties were originally acquired...

CIC moves into the red

Not-for-profit operator Community Integrated Care (CIC) went into the red for the year ended 31 March 2017 thanks to poor performance of its older...

OakNorth Bank provides £20m loan to Park Lane Healthcare

OakNorth Bank has provided a £20.2m loan to care home operator Park Lane Healthcare to support the development of a care village. Founded in 2005,...

Alcedo Care Group secures £2m funding

Alcedo Care Group has secured a £2m funding facility with banking group Close Brothers to support its growth plans. The homecare provider, which operates ten...
Civitas in deals worth more than £85m

Civitas buys supported living and care facilities for £10.9m

Civitas Social Housing has completed the acquisition of 15 supported living and care facilities in south Wales for £10.9m. The portfolio provides 51 beds and...

HC-One to offload 52 care homes

HC-One is selling 52 of its care homes and closing a further four as part of a group restructure. The provider, which supports 14,000 residents...