Wednesday, May 1, 2024
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Tristone Healthcare secures investment from Duke Royalty

Buy and build social care investment group Tristone Healthcare has received £20m from Duke Royalty to support its growth ambitions. The capital will be used...

Joint venture to support care home developers

A strategic joint venture to improve access to finance for real estate developers has been formed by Beaufort Capital and Pollen Street Capital. The lending...

Staffing and financial challenges leading to ‘closures across the sector’

Recruitment and retention remain major areas of focus for Voyage Care as it looks to unlock its financial performance and grow. During an investor call,...
Profits slide after tough regulatory year for Runwood Homes

Profits slide after tough regulatory year for Runwood Homes

Profits slipped at operator Runwood Homes after an ‘unprecedented’ number of inspections and subsequent suspensions were placed on its care homes last year. Its financial...

Lone Star deal for McCarthy & Stone set to complete

Trading of McCarthy & Stone shares will be suspended today (Friday) after court approval of its takeover by US private equity firm Lone Star...

Civitas seals £7.8m deal

Civitas has purchased nine regulated social housing properties comprising 42 tenancies for £7.8m. The properties are leased to Encircle Housing Ltd, Auckland Home Solutions CIC...

Covid outbreaks dampen occupancy recovery at Friends of the Elderly

Outbreaks of Covid-19 hampered occupancy recovery at Friends of the Elderly (FotE), leading to a slip in revenue and continued operating loss at the...

Barchester buys 24 brighterkind care homes

Barchester Healthcare has bought 24 brighterkind care homes from Terra Firma, for an undisclosed sum. The homes, which sit outside the main Four Seasons group,...

Holmes Care Group confident despite fall in revenue and EBITDA

Holmes Care Group remains confident of further growth organically and through acquisitions as it continues to recover from the challenges of the pandemic. Its latest...

Downing exits partnership with Macc Care

Investment manager Downing LLP has exited its six-year partnership with Midlands provider Macc Care. The partnership saw Downing provide around £70m for acquisitions, refurbishment and...