Friday, July 1, 2022
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Florence raises £5m in Series A funding

An online recruitment marketplace that connects care home providers with qualified professionals to fill temporary shifts has raised £5m in Series A funding. The funding...

Target Healthcare buys Nottingham care home for £7.6m

Target Healthcare RIET has purchased a Nottingham care home for £7.6m in a sale and leaseback deal with Acacia Care. Acorn House was built in...

Civitas increases property portfolio value by 60%

Civitas Social Housing added 177 properties during the year ended 31 March 2019, increasing its portfolio value by 60% to £826.9m (2018: £516.6m). Its financial...

Elysian Capital buys Aspirations Care

Elysian Capital II LP in conjunction with management has bought Aspirations Care from August Equity for an undisclosed sum. Aspirations Care, which is a specialist...

Grosvenor geared for further acquisitions

Grosvenor Health and Social Care plans to make further acquisitions once its latest addition Rainbow Services (UK) Ltd is bedded into the group. Grosvenor bought...
CareTech positive over fee rises

Pre-tax profit dips at CareTech following Cambian deal

Pre-tax profit fell by 19% at CareTech despite revenue rising 119.8% following the capture of Cambian, its interim results show. In its first financial results...

Octopus completes trio of transactions

Octopus Real Estate has completed three development transactions - two sales and one acquisition. The disposals come after Octopus secured planning permission for two care...

Impact seals £3.9m deal

Impact Healthcare REIT has bought Birchlands Nursing Home on the outskirts of York for £3.9m. The investor will appoint Welford as the new tenant of...

Terra Firma in negotiations to offload brighterkind, suggests report

Guy Hands is in talks to sell 24 care homes to real estate investor Patron Capital Partners, Sky News has reported. It said Hands’ Terra...

Sweden: Oversubscription for Ambea’s rights issue

Almost all of the shares offered in Ambea's SKr1.2bn (US$124.8m) two-for-five rights issue have been taken up. The largest care provider in the Nordic region...