Roots of recovery for Four Seasons after annus horribilis

Small signs of recovery appear to be emerging for Four Seasons Health Care after a terrible 2015, including an increase in care home occupancy...

Audley makes £200m mid-market investment

Audley is to invest £200m in new retirement villages aimed at mid-market customers over the next five years. Mayfield Villages has been launched to meet...

Apex acquires Prime Care from Centra

Apex Care has acquired fellow domiciliary care provider Prime Care from Centra Care and Support (part of Circle Housing Group) for an undisclosed sum....

Autism demerger hits MMCG’s turnover

The parent company of Maria Mallaband Care Group experienced a 10% drop in turnover for the year ended 30 April 2015, but the dip...

Autism demerger hits MMCG’s turnover

The parent company of Maria Mallaband Care Group experienced a 10% drop in turnover for the year ended 30 April 2015, but the dip in revenues was due a fall from £17.9m to £4.6m from discontinued operations following the demerger of its autism business in August. Revenues from MMCG Holdings’ continuing operations rose by 14.5% from £44.9m to £51.5m, leaving a turnover of £56m (2014: £62.8m).

ExtraCare Charitable Trust refinances

The ExtrCare Charitable Trust has completed a £150m refinance with Lloyds Bank to support its three-year growth plan. The money will allow the extra...

CareTech acquires Oakleaf Care

CareTech has acquired fellow specialist care provider Oakleaf Care (Hartwell) Limited for £20.3m. The deal comprises an initial payment of £18.3m (including £11.4m for its...

City & County acquires ICCM

City & County Healthcare has acquired complex care provider Independent Community Care Management (ICCM) for an undisclosed sum. Based in Kettering, ICCM provides complex...

Cambian waives banking covenants

Approaching the end of what has been a turbulent six months, Cambian announced it has agreed a temporary waiver of banking covenants. The waiver will...

Bupa writes down UK care business after profit drop

Bupa’s care homes were responsible for a large drop in the provident association’s pre-tax profits, its preliminary global results for the year ended 31...