Tunstall goes shopping in Sweden and picks up STT Condigi

Telecare and telehealth provider, Tunstall Healthcare Group announced last month that is has acquired STT Condigi which specialises in providing technology and services to...

Runwood completes LA transfer deal

Runwood Homes acquired six care homes from Nottinghamshire County Council on March 26 (CCMn October 2011).Under the terms of the agreement, Nottinghamshire will receive...

Bumper year for top Laing’s 20 operator Lifeways

The year ended 31 May 2011 was a very good one for complex care provider Lifeways. The supported living and residential care operator reported a...

Retirement Security blames loss on economy

Retirement Security Ltd reported a ‘testing’ year for the period ending 31 May 2011 and blamed the banking and economic crisis for it making...

Solor proves profitable despite sales dip

Specialist care provider Solor Care Group, formerly Robinia Support Services, recorded a drop in revenues for the year ended 30 June 2011 but a...

City & County picks up Sage Care

Domiciliary care provider City & County Healthcare has acquired homecare operator Sage Care for an undisclosed sum.The move marks the eighth bolt-on acquisition since...

Bolt-ons for August Equity operators

Active Assistance, August Equity’s portfolio company, has acquired specialist care provider Neural Pathways for an undisclosed sum.With this bolt-on acquisition, Active now provides complex...

MedicX secures £50m debt facility

Acute and long term care facility landlord MedicX Fund, has announced the completion of its 20-year debt facility of £50m with Aviva Public Private...

Bumper year for top Laing’s 20 operator Lifeways

The year ended 31 May 2011 was a very good one for complex care provider Lifeways. The supported living and residential care operator reported a turnover of £65.5m, an increase of 28% from the previous year’s £51.2m. Operating profit soared by 56% to £8.6m (2010: £5.5m) and a post-tax profit of £7.3m was recorded (2010: £5.3m) by the provider, which was named as the top provider in autumn’s Laing’s Healthcare 20.

Largest islamic healthcare finance deal in UK

Public Service Properties Investments (PSPI) has received £11.5m in finance for its real estate arm from the Bank of London and The Middle East...