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Lasercare profits rise despite growth fall
Lasercare Clinics, the cosmetic skin treatment provider which trades under the name Sk:n, in the year to 31 August 2012, saw turnover fall slightly...
Capita H&W profits hit by Aviva acquisition
Capita Health and Wellbeing Limited, the occupational health services provider, in its director’s report and financial statements for the year ended 31 December 2012...
Enara boosts Mitie’s coffers
Following its acquisition by Mitie for £110.8m last year (CCMn November 2012), thehomecare provider Enara contributed revenues of £43m for the first six months...
Enara boosts Mitie’s coffers
Following its acquisition by Mitie for £110.8m last year (CCMn November 2012), thehomecare provider Enara contributed revenues of £43m for the first six months under its new owner, the facilities management companys results for the year ended 31 March 2013 show. This is more or less in line with the full year revenue contribution of £93m projected by Mitie at the time of acquisition in October 2012. Under the auspices of Mities newly-formed healthcare division, Enara recorded an operating profit of £5.7m or 13.3% of revenue, a lower rate than in past years, but still continuing the company's record of delivering profits significantly above the sector average for homecare providers. A post-tax profit of £3.9m was recorded. Mitie reported that the acquisition of Enara was an ideal entry point to grow within the wider healthcare market. The directors added that the integration of the homecare operator was going well, with the business performing ahead of expectations.
Apache invests in MMCG to grow high end care home operation
Maria Mallaband Care Group (MMCG) has secured £50m from Apache Capital Partners to develop eight luxury care homes.A spokeswoman for the operator told CCMn...
Acorn Care posts losses for a second year
Children’s care and education provider Acorn Care 1 reported significant losses for the year ending 31 August 2012.
Despite increasing turnover from £76.3m to £110.6m,...
Flat financial year for Carewatch
Homecare and assisted living service provider Carewatch Holdings Limited has reported revenues of £51.5m for the year ended 31 December 2012. This marks only...
Sovereign enters into agreement for Hillcrest
Sovereign Capital has entered in an exclusivity agreement to buy special education provider Hillcrest Care.
It has been reported that the private equity house, which...
Life Style Care posts small profit on ex-Southern Cross portfolio
Care Home operator Life Style Care (2011) plc has reported revenues of £50.9m in its first 14 months of trading to 31 October 2012....
Turnover doubles at Ideal
Ideal Carehomes Ltd saw turnover increase from £4.4m (as restated in 2012) to £8.1m for the year ending 31 March 2012.However, costs shot up...



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