3i appoints UBS over sale of Care Principles

Care Principles, the provider of medium secure hospitals, is to be sold by its private equity owner 3i in a deal being managed by...

ILG taken over by Hermes

Hermes Private Equity has acquired learning disabilities care operator Independent Living Group (ILG) for an undisclosed sum following a six month sales process handled...

Barchester releases first results since leap up the league

Long awaited results from Barchester Healthcare Ltd were published just as CCMN went to press showing massive gains in operating profits during the operator’s...

Sovereign Capital invests in fostering

Private equity group Sovereign Capital has completed the institutional buy-out (IBO) of the UK’s second largest fostering agency, the National Fostering Agency Limited (NFA)...

TRACSCARE and Truecare recapitalised

Sovereign Capital, the private equity backer of specialist adult care providers TRACSCARE Limited and Truecare Holdings Limited, has announced recapitalisation scheme for the companies...

Nestor set to build in 2007

Domiciliary care provider Nestor Healthcare is set to significantly increase its presence in the homecare market during 2007 following the demerger of its staffing...

Improvements for drug treatment centres

Broadway Lodge Limited, the Somerset-based provider of treatment for alcoholism, drug dependency and eating disorders, has posted an operating deficit of £59,170 for the...

Cheer Health finds reason to smile

The Leicester based nursing care provider Cheer Health has entered into a relationship with the Royal Bank of Scotland’s (RBS) London Commercial Health Team...

Elder Group takes over Burton care complex

The Burton-upon-Trent care provider Rowans Care Homes Limited has been acquired by the Essex-based Elder Group in an undisclosed deal managed by Freeth Cartwrght...

Care fee planner stretches its wings

The care fee advisory agent Symponia has announced plans to extend its remit beyond helping people to design and choose long term care packages...