Friday, March 29, 2024
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Untold Living targets £300m development pipeline as it enters market

Untold Living has received backing from investor Matter Real Estate to buy and develop retirement community schemes across the UK. The developer and operator, which...

Silbury Finance signs off £64m loan for retirement scheme

Silbury Finance – the Oaktree Capital Management-backed development lender – will provide a £64.3m loan to support the development of a 124-apartment retirement scheme...

Care businesses increasingly attracting buyers from further afield

Growth in the proportion of deals by buyers located out of local or regional areas from the target business is reflecting more of a...

CareLineLive closes funding round to support expansion

Homecare management software business CareLineLive has closed a £3m funding round led by investor Oakglen. With operations in the UK, Jersey, Ireland and Australia, the...

Additional capacity helps grow profitability at Minster

Minster Care Group’s strategy of growing its portfolio through acquisition, openings and extensions saw its revenue break the £100m mark. The group and its subsidiaries,...

Openings and fees drive up revenue and EBITDAR at Meallmore

Increased fee rates and the fill up of new care homes helped drive up revenue and EBITDAR at Meallmore. The operator, which runs 26 care...

Countrywide Care Homes recovering with growing occupancy

Occupancy continues to be on an upward trend at Countrywide Care Homes, following a low of around 78% during the height of the pandemic. Its...

Therapeutic services key to Capstone’s growth strategy

Growth and development in therapeutic services for complex children and young people helped drive up profitability at Capstone Foster Care. The agency, which has operations...

Envivo rebrands with acquisition and appointments of MDs

Envivo Group has officially rebranded to ivolve with the acquisition of Cavendish Care and the appointment of three MDs to cover different regions. ivolve Group...

Impact Healthcare invests £56m in portfolio of care homes

Impact Healthcare REIT is investing £56m in six care homes that are owned and operated by Morris Care Ltd. The portfolio has 438 beds, of...