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Revenue and profitability remain stable at B&M Care
Full recovery from the pandemic could take anything up to three years, according to provider B&M Care Group.
While underlying demand for services remains strong,...
Rental model offers growth channel for Lifestory Group
The rental market offers an ‘exciting channel’ of growth for Lifestory Group, which has seen increasing take up in this area of its operations.
It...
Elevation Advisors launches debt financing strategy for senior living
Elevation Advisors LLP has launched a strategy with funding provided by StepStone Real Estate (SRE) to provide flexible debt financing solutions to senior living...
EBITDA rises at Lifeways as its exits ‘loss-making’ activities
Supported living provider Lifeways reported a slip in revenue after it withdrew from ‘loss-making’ activities.
The provider told CM it was planning to grow its...
Growth in extra care helps drive turnover at Radis
Fee increases on existing contracts and growth in extra care provision helped drive turnover at Radis Ltd, which has also reported rising EBITDA.
The group,...
Mirthy raises £800,000 to build community platform for over 60s
Community and activities platform Mirthy has raised £800,000 pre-seed investment a year after launching, growing its user numbers to more than 30,000.
The pre-seed round...
Care UK expects increased profitability within the next two years
Care UK expects to a see a return to profitability within a couple of years as occupancy across its portfolio of homes recovers.
Its financial...
Honor Technology acquires provider Home Instead
San Francisco-based Honor Technology has acquired homecare provider Home Instead.
The deal brings together one of the world’s biggest domiciliary care brands and a leading...
Octopus Real Estate delivers £19m loan for retirement living scheme
Octopus Real Estate (ORE) has completed a £19m loan secured on a site with planning consent for an 88-unit retirement living scheme in Kew,...
Cera expands homecare offering to provide nursing services
Homecare technology company Cera is expanding into nursing services across its UK network.
The company, which employs 6,000 people in more than 70 locations, will...
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