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Colten completes £41m refinancing
The owners of Colten Care Homes have announced it has secured a £41m funding facility with HSBC to support its continued expansion.
Chief executive of...
‘Pleasing’ performance from CIC
Residential care operator Community Integrated Care (CIC) reported a 2.5% rise in income for the year ended 31 March 2016 from a restated figure...
Homecare cuts hit Somerset Care
Turnover and profits shrank at Somerset Care for the year ended 31 March 2016. The care operator reported revenues of £72.7m compared to £80m...
Quality pays for Colten Care
With one of the highest compliance ratings of a large care home provider in the UK, Colten Care reported a 6.9% rise in revenues...
CareTech posts impressive results for 2016
CareTech’s unaudited preliminary results for the year ended 30 September 2016 show another impressive financial performance by the specialist care provider. Revenues were up...
HC-One buys Helen McArdle Care
HC-One has acquired Helen McArdle Care from HMC Group for an undisclosed sum.
The deal, handled by Knight Frank, includes 19 care homes in the...
Tracscare acquires seven units from Embrace
Specialist care operator Tracscare has acquired six supported living services and an ABI unit from Embrace Group for an undisclosed sum.
The move follows on...
CMA to look into Cambian deal
Following its investigation of Acadia’s acquisition of the Priory Group and the launch of an inquiry into the care home market, the Competition and...
New investor from Israel
Israeli billionaire Igal Ahouvi is understood to have bought a portfolio of 15 care homes in London and the south east from a private...
CM meets…Farouq Sheikh
Having been awarded the LaingBuisson Awards 2016 Outstanding Contribution accolade, alongside his brother Haroon, we talk to CareTech's executive chairman.
CM: How did you come...
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