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Aedifica and Cofinimmo agree to merge
Aedifica and Cofinimmo have reached an agreement to merge, creating a healthcare REIT with a combined gross asset value of €12.1bn (£10.2bn).
The Belgian-based REITs...
Fortava Healthcare launches with backing from Downing LLP
Fortava Healthcare Ltd – a new dementia care company based in Peterborough, Cambridgeshire – has launched with investment from funds managed by Downing LLP.
The...
Kisimul parent company seeks sites to deliver growth
Cedar Project Holdco Ltd – trading through subsidiaries Kisimul Group Ltd and Cruckton Hall Ltd – continues to look for sites to deliver growth...
Edison Young People posts growing EBITDA as occupancy and fees rise
Rising occupancy and average weekly fees for placements helped drive up revenue and EBITDA at Edison Young People.
Results show the provider of education and...
Apex Prime Care identifies ‘opportunities to grow’
Apex Prime Care posted growing profitability despite several challenges that put ‘substantial pressure’ on the sector.
Its financial report for the year ended 31 March...
Agincare growing service delivery and geographical coverage
Fee rate inflation helped drive up revenue and EBITDA at Agincare, as the business continues to target expanding its service delivery and geographical coverage.
Latest...
Digital care platform Motion secures over £250,000
Digital care platform Motion has secured over £250,000 to accelerate its national expansion.
The platform, which supports over 3,000 residents across care settings, is being...
Handsale Care Homes seeks opportunities following closures
Handsale Care Homes posted a return to profitability despite a drop in revenue following the closure of three care homes.
Group turnover fell 7% to...
Care home deals roundup
Confident Care Homes Ltd has entered the market with the acquisition of Bassingham Care Centre in Lincoln, Lincolnshire.
The property comprises a former rectory, a...
Keys Group grows portfolio with deal for ADHD 360
Keys Group has grown its portfolio with the acquisition of private healthcare specialist ADHD 360.
The organisation, which will sit within Keys Group’s health division...
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