Anavo Group acquires homes after operational improvements
Anavo Group has completed the acquisition of five homes in Scotland.
The homes are Burnside in Laurencekirk, Kincardineshire; Newark in Port Glasgow; Spiers in Beith,...
Welford Healthcare grows portfolio with care home deal
Welford Healthcare has bought Ivybank House care home in Bath, Somerset.
The setting, which provides residential, respite and day care for up to 45 residents,...
Fremantle reports 1.6% rise in revenue
The Fremantle Trust reported a 1.6% rise in revenues for the year ended 31 March 2017 from £48.7m to £49.4m.
Total expenditure also increased to...
Masonic care company plugs £7.3m shortfall
The Royal Masonic Benevolent Institution Care Company (RMBI) had to plug a £7.3m gap because payments from local authorities were ‘considerably lower’ than the...
Sovereign Capital begins sale of Outcomes First Group
Private equity firm Sovereign Capital Partners has started its sale of Outcomes First Group, with the first round of bids due by 23 May,...
Care Concern Group buys Willowbrook Care Home
Care Concern Group plans to develop its dementia and mental health care home concept after buying Willowbrook Care Home for an undisclosed sum.
The home...
CMG and Regard rebrand as ‘Achieve together’
The combined organisation of Care Management Group (CMG) and The Regard Group (Regard) will be known as Achieve together from tomorrow (1 October).
The two...
Audley Group to expand into Denmark
Luxury provider Audley Group will introduce its retirement living concept to the Danish market after signing a joint venture agreement with pension company PFA.
The...
Occupancy and fees help revenue grow at Meallmore
Group turnover at Scottish operator Meallmore has grown 7.7%, reflecting rising occupancy levels, increasing fee rates and fill-up of constructed or bought homes.
Revenue reached...
ThinCats provides funding for Churchlake Care expansion plans
Lender ThinCats has provided a £4m loan to Churchlake Care, as the operator continues to grow its portfolio of properties.
Established in 2017, Churchlake operates...
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