Friday, May 3, 2024
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Civitas to broaden investment strategy as part of growth plans

The investment advisor of Civitas Social Housing has rebranded as it expands further into UK community-based infrastructure and into Europe during the next 12...

Allica Bank grows care home commercial mortgage team

Allica Bank is growing its care home commercial mortgage banking team with the appointment of Brian Bovell as specialist relationship manager. Bovell will lead the...

Care UK expects increased profitability within the next two years

Care UK expects to a see a return to profitability within a couple of years as occupancy across its portfolio of homes recovers. Its financial...

Workforce challenges drive up agency costs at National Autistic Society

Recruitment and retention challenges drove rising expenditure at the National Autistic Society, as agency staff costs grew 29%. Its financial results showed the workforce accounted...
Investment

Civitas Social Housing performing ‘in line with expectations’

Civitas Social Housing continued to perform in line with expectations, with rent collection remaining unaffected by Covid-19. Its quarterly trading and market update showed IFRS...

Limerston-backed Trinity Homecare grows portfolio

Limerston Capital’s portfolio company Trinity Homecare has acquired a Bristol-based domiciliary business, as it continues to expand the group. Premier Homecare delivers domiciliary and live-in...

WCS Care posts growth in surplus as it extends use of technology

WCS Care has been trialling a wireless version of its acoustic monitoring with a view to retro-fit older homes following a reduction in night-time...

Sequence Care Group grows portfolio

Sequence Care Group has bought Liaise Loddon Ltd, a residential care home operator based in Hampshire for an undisclosed sum. This is the second acquisition...

Staffing agency secures new facility to fund growth plans

Healthcare recruitment agency Sirona Medical Ltd (SML) has secured a £1.5m invoice discounting facility from asset-based lending specialists Cynergy Business Finance (CBF). The Essex-based company,...

Investment in properties to help EBITDA growth at Eden Futures

Investment in new properties is predicted to drive EBITDA growth by 20% at Eden Futures, its chief executive has told CM. Last year, the provider...