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HICA reduces its deficit
The Humberside Independent Care Association (HICA) reported revenues of £32.5m for the year ended 31 March 2013, a slight decline on the previous year’s...
L&G funds £51m LNT debt facility
Legal & General (L&G) has made further in-roads into the UK care home sector by granting the LNT Group a £51m, ten-year debt facility.The...
US-based psychiatric provider buys PiC
US-based psychiatric provider Acadia Healthcare has acquired Partnerships in Care (PiC) from its private equity owners Cinven for approximately $660m (£393m).
Acadia, which is backed...
Cambian acquires Mencap colleges
Newly-listed The Cambian Group has acquired three further education colleges for young people with learning disabilities, autism, profound and multiple learning disabilities and complex...
Meridian on the market
Meridian Healthcare is up for sale with a £150m price tag, CCMn understands.
Property consultants Knight Frank have been instructed to carry out a strategic...
L&G lends LNT £51m to expand
Legal & General (L&G) has made further in-roads into the UK care home sector by granting the LNT Group a £51m, ten-year debt facility.
The...
Solid six months for CareTech
Specialist care provider CareTech Holdings has reported a steady six months to 31 March 2014 in its latest trading update.Executive chairman Farouq Sheikh said:...
Guardian settles with Barclays over Libor
Guardian Care Homes has reached an out-of-court settlement with Barclays ahead of the case accusing the bank of mis-selling products attached to the inter-banking...
ACH acquired by investment funds
Montreux Capital Management, a Swiss investment firm, and KTN Care, a specialist healthcare investor, announced last month that they have acquired learning disability care...
Care Solutions sees steady growth
Learning disability care provider Care Solutions Group reported revenues of £14.5m for the year ended 31 July 2013, an increase of 13.2% on the...
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