HCN buys a stake in Avery

Health Care REIT (HCN) has made further in-roads into the UK care home market by buying an ‘initial’ 9.9% stake in Avery Healthcare Group. The...

Static six months for Mears Care

Mears Group reported revenues of £430m (2014: £428.1m) and a profit before tax of £19.2m (2014: £18.7m) in its interim results for the six...

HC-One posts large loss

Prior to its acquisition by Formation Capital, Safanad and Court Cavendish (CCMn November 2014), HC-One reported revenues of £314.6m for the year ended 30...

Acorn slides further into the red

Revenues rose by 1.7% for Acorn Care 1 Ltd but the specialist care and education business slid further into the red, its accounts for...

Sharp drop in turnover at Balhousie

Balhousie Holdings Limited reported a 21.5% drop in revenues from £37.6m to £29.5m for the year ended 30 September 2014. After deducting cost of...

L&G lends Sanctuary £50m

Legal & General (L&G) has agreed a £50m loan to Sanctuary Group over a 25-year term through its lending arm LGIM Commercial Lending Limited. Secured...

Sevacare continues to grow

Domiciliary care provider Sevacare demonstrated significant growth in 2014, including major contract wins across the UK. Its accounts for the year ended 31 August 2014...

Mears on target

Following its acquisition of Care UK’s homecare business (CCMn June 2015), Mears Group announced that its two core businesses had achieved 93% visibility of...

Mixed fortunes for Bupa’s care home companies

The largest of Bupa’s three care home companies reported a rise in revenues from £111.2m to £114.8m for the year ended 31 December 2014.Operating...

Solid year for Hesley Group

Turnover grew for specialist care provider The Hesley Group by 5.4% in the year ended 31 December 2014. Revenues stood at £36.8m compared to £34.9m...