Monday, July 4, 2022
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CareTech positive over fee rises

CareTech navigates challenges with international and digital performing well

CareTech navigated through the various challenges presented by Covid-19, staff shortages and inflationary pressures, posting slight revenue growth, while EBITDA remained flat. Its half-year results...

Radar Healthcare closes £9m funding round

Safety and compliance technology provider Radar Healthcare has closed a £9m funding round to support business growth in the UK and abroad. The funding was...

Kingsley Healthcare completes deal for West Midlands care home

Kingsley Healthcare has completed on a deal to take over the operation of Gower Gardens in Halesowen, near Birmingham. Acquisition of the 66-bedroom purpose-built care...

Sandstone grows portfolio with Telford care home

Sandstone Care Group has grown its portfolio of settings after taking operational ownership of The Farmstead in Telford, Shropshire. The 66-bed home, which was previously...

Sequence reports strong growth as it searches for permanent CEO

Sequence Care Group is in the process of searching for a permanent chief executive following the departure Tony Hegarty, who stepped down earlier this...

Downing deal with Country Court hits the ‘sweet spot’

Investment manager Downing LLP has agreed a £7.6m funding facility to support Country Court, as it looks to help accelerate growth in the market. The...

Impact strengthens partnership with Welford Healthcare following deal

Impact Healthcare REIT has acquired three properties with existing group tenant Welford Healthcare for £25m. The portfolio consists of a 61-bedroom dementia nursing home in...

Florence raises £28.5m through Series B funding round

Social care tech innovator Florence has raised $35m (£28.5m) through a Series B funding round. It will use the investment for product expansion to support...

Charterpoint sells care home development to Cinnamon

Charterpoint has sold its care home development in Thurnby, Leicestershire, to operator Cinnamon Care Collection. Following Charterpoint receiving planning permission and obtaining vacant possession, Cinnamon...

Further extensions granted over CareTech

Further extensions have been granted in relation to offers for CareTech from both Sheikh Holdings and DBAY Advisors Ltd. As reported at the end of...