Saga announces It intention to float to raise £550m

Saga announced yesterday that it is set to proceed with an initial public offering (IPO) and float on the London Stock Exchange (LSE). The share...

European Care rebrands following sale

European Care Group has rebranded as Embrace following its acquisition by investment firms Värde Partners and the D. E. Shaw Group for an undisclosed sum.The change...

Revenues flowing for By the Bridge

Independent fostering agency By the Bridge Holdings Limited reported a 9.7% increase in revenues for the year ended 30 June 2013 to £21.2m from...

Bridges invests in Alina Homecare

Bridges Ventures has invested an undisclosed sum in newly-established domiciliary care agency Alina Homecare. The finance comes from its Bridges Sustainable Growth Fund III,...

Guardian Care Homes settles with Barclays

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...

Cambian merges businesses as it launches LSE flotation

Cambian has listed of the London Stock Exchange, merging its specialist care and childcare businesses in the process. Owners GI Partners priced its initial public...

Mears’ margins tested despite growth

Mears Group experienced a 32% growth in revenue for the year ended 31 December 2013 but both its social housing and care divisions witnessed...

PiC extends learning disability service

Partnerships in Care (PiC) has extended its Essex learning disability services with the addition of ten new beds in three bungalows.

Mears margins tested despite growth

Mears Group experienced a 32% growth in revenue for the year ended 31 December 2013 but both its social housing and care divisions witnessed falls in their operating margins.

Ashley House warns investors

Extra care developer Ashley House has warned its shareholders that it is unlikely to make a profit in the current financial year. In a trading...