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Fee increases help drive up revenue and EBITDA at Voyage Care
Voyage Care reported its biggest fee uplifts in the three-month period to the end of December, helping drive up revenue and EBITDA.
Revenue grew £8.7m,...
Clariane Group exits UK with sale of Berkley network to Elevation
Clariane Group has agreed to sell its activities and assets in the UK to Elevation Healthcare Properties (EHP) for £207m (€243m).
The transaction forms part...
Johnnie Johnson Housing merges with Sanctuary
Johnnie Johnson Housing (JJH) has joined Sanctuary as a subsidiary following a detailed due diligence process and the approval of the boards of both...
Four Seasons completes sale of further nine homes
Nine operating sites in the Four Seasons Health Care portfolio have been sold for an aggregate value of £16.7m.
Costs relating to the sales were...
Care home deals roundup
Beeches Retirement Hotel in Eastbourne, East Sussex, has been purchased by the Panadaya family.
The care home is rated ‘good’ by the CQC and occupies...
Leonard Cheshire exits ‘unviable situations’
Social care financial performance at Leonard Cheshire ‘remained consistent’ despite the charity going through organisational turnaround, including voluntary and compulsory redundancies.
Results for the year...
HICA Group acquires Bridlington adult care centre
HICA Group has taken over ownership of Swan House Day Centre, in Bridlington, East Riding of Yorkshire, for an undisclosed sum.
The centre, which helps...
Anchor secures facilities totalling £150m
Anchor has closed two private placement shelf facilities totalling £150m from Legal & General Investment Management (LGIM) and Sun Life Capital Management.
The LGIM facility...
AgeCare looks to build portfolio following digital transformation
AgeCare is targeting to grow the number of beds it operates in the UK to between 2,500 and 3,000 over the next four years.
The...
Aspire LPP sells development site to Lovett Care
Aspire LPP has completed the sale of a care home site in Kings Hill, Kent, to Lovett Care.
Close to the village centre, the 1.8-acre...
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