Care sector architect firm becomes employee owned
A care sector architect firm has transitioned into an employee ownership trust (EOT).
KWL Architects was founded by directors Philip Lewis and Neil Ross, who...
BGF invests £9m in health infrastructure specialist Archus
Small and mid-cap investor BGF has invested £9m in healthcare infrastructure business Archus to help accelerate its growth in the UK and internationally.
Archus provides...
Challenging times to continue for Nazareth Care Charitable Trust
Nazareth Care Charitable Trust posted ‘disappointing financial results’ as it was impacted by recruitment and retention challenges, reduced occupancy, and the rising cost of...
Care home deals roundup
Boutique Care Homes has grown its presence in Kent after acquiring Connors House in Canterbury.
The off-market acquisition, completed in partnership with Rapport Housing &...
Audley Group secures £28.5m financing facility
Audley Group has completed a £28.5m financing facility to be provided by global investment manager Federated Hermes.
The five-year loan facility will focus on six...
Prestige Care Group to grow portfolio following acquisition of site
Prestige Care Group has purchased a 1.2-acre site in Aiskew, North Yorkshire, in a deal arranged by commercial real estate firm Colliers for £1.1m.
The...
Limerston Capital closes £245m fund
Mid-market private equity firm Limerston Capital has closed its second fund with commitments of £245m.
Limerston Capital Partners II will look to deliver returns through...
Aedifica ‘cautiously’ resumes investments as rental income rises
Rental income across Aedifica’s UK portfolio of care homes reached €17.6m (£15.1m) in the first quarter of the year, up 14.3% on the corresponding...
Excelcare profit drop
Excelcare Holdings reported a 43.2% rise in revenues but profits plummeted for the care home provider in the year ended 31 March 2017.
Turnover stood...
MHA pauses on new developments
Methodist Care Homes (MHA) has halted plans for new developments as it focuses on building its cash reserves and improving existing properties.
Despite its accounts...
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