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AFG incurs losses as austerity bites
Charity Alternative Futures Group (AFG) reported a sharp reversal in financial performance as it incurred a deficit of £768,446 for the financial year to...
Voyage posts 9-month pre-tax profit after acquisition
The parent company of specialist care operator Voyage Care, Viking HoldCo Limited reported revenues of £114.8m for its first nine months of trading ending...
Audley acquired in £158m fund deal
In what could be the start of a growing trend, retirement village operator Audley has been acquired for £158m by the Moorfield Audley Real...
Revenue growth slows for CareTech Specialist care provider CareTech reported a small rise...
The directors attributed the slowdown in revenue growth to the closing several services for reconfiguration.
They also said there had been an effort to reduced...
Steady growth for Colten Care
Private-pay care home operator Colten Care reported a 3.8% increase in turnover from £48.2m to £50m for the year ended 28 February 2015. After...
Profitable first year for CMG
The parent company of Care Management Group, CMG HoldCo reported a turnover of £52.9m in its first full year results for the year ended...
Acadia in process of purchasing The Priory Group for £1.5bn
US behavioural healthcare giant Acadia is in the process of acquiring The Priory Group from its private equity owners Advent International for £1.5bn.The enterprise...
Slight rise in Four Seasons’ fortunes
While the third quarter of 2015 saw a slight recovery in the fortunes of Four Seasons Health Care, it was still not sufficient to...
Homecare business hits MITIE’s profits
MITIE reported a 9.5% drop in operating profit to £58.1m for the six months ended 30 September 2015, which the directors said largely reflected...
‘Disappointing year’ for Shaw Healthcare
In what the directors described as a ‘disappointing year’, Shaw Healthcare reported a marginal rise in revenues from £87.5m to £87.8m for the year...
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