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Four Seasons closes in on acquisition as debt problems eased
Four Seasons Heath Care’s acquisition of Care Principles is a ‘done deal’, according to sources close to the situation.Speaking to CCMN, one source said:...
August makes first expansive move on Lifeways
August Equity has announced its first bolt-on acquisition for Lifeways Community Care, the autism portfolio company it purchased earlier this year (CCMN July 2010).Highbourne...
Quantum leap
Residential care provider Quantum Care has released its financial report for the year ended 31 March 2010 revealing that turnover at the not-for-profit operator...
Southern Cross gives Jimmy Choo owner the boot
Late August brought minor relief to Southern Cross Health Care investors when shares shot up over 50% in value following the news that private...
Barnet council handed £6m bill
An arbitrator has told the London borough of Barnet that it must pay £6m to independent contractor Catalyst Housing Association in order to clear...
PSPI posts positive for the first half of 2010
Public Service Properties Investments (PSPI) has announced a trading update for the six months ended 30 June 2010.During that period, the firm raised £24m...
CareTech splashes out
CareTech has acquired Branas Isaf Centre for Personal Development for an undisclosed sum as well as adding the Cheshire-based foster agency Park Foster Care...
Southern Cross still battling against volatile stock market
An interim management statement from the country’s largest residential care home operator Southern Cross Healthcare has had the far from desirable effect of knocking...
LNT picks Orchard’s fallen fruit
The LNT group has added a further five care homes to the portfolio operated by its business Ideal Care Homes with the news that...
Meridian posts solid results
Meridian Healthcare has announced positive results for the 2009/10 trading period with a recorded increase in revenue of almost 9% to £31.1m (2009: £28.6m)...
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