Tuesday, March 28, 2023
Advertisement

Civitas closes £71m debt facility

Civitas Social Housing has closed a five-year term debt facility of £70.9m with a European bank lender. The facility has been used to close the...

Workforce issues dampening results at Thera Trust

Thera Trust is expected to make a loss this financial year because of ongoing workforce issues across social care sector. The charity, which is made...

Aedifica invests over half of development funds in UK and Ireland

Over half of Aedifica’s €803m (£904.8m) investment and development pipeline across Europe in 2022 was in the UK and Ireland. Annual results showed it carried...

Optimo grows portfolio with deal for Stepping Stones Services

Optimo Care Group has grown its portfolio of subsidiaries with the acquisition of Stepping Stones Services Ltd. Based in Rochdale, Stepping Stones is a supported...

Partnerships and deals help drive revenues at Cera Care

Cera Care’s continued growth strategy helped power revenues 270%, as it grew its public sector partnerships and acquired businesses. It posted annual revenue of £124.9m...

Impact Healthcare offloads non-core asset

Impact Healthcare REIT has sold a non-core care home, which it initially acquired as part of a seed portfolio in May 2017. It has exchanged...

BN Care targets growth following support from BGF

BN Care plans to grow its portfolio of settings to ten across the South West over the next five years, with investment support from...

RVG upgrading sites to improve resident experience

Retirement Villages Group (RVG) is upgrading some of its sites as part of plans to improve the resident experience. It is modernising four of its...

Investment in care settings drives up performance at Exemplar

Growth in capital expenditure at Exemplar Health Care helped drive up average number of beds, resulting in rising revenue for the provider. Figures for EHC...

Acquisitions help drive up results at City and County Healthcare

Expansion of City and County Healthcare’s homecare and complex care offerings helped drive up turnover and EBITDA at the provider. Acquisitions helped generate £22.9m of...