Thursday, October 17, 2019

Recruitment and retention tough for Maria Mallaband and Countrywide

Recruitment and retention remained difficult at care operations owned by Phil Burgan – Maria Mallaband Care Group and Countrywide Care Homes Ltd, according to...

Sweden: Ambea to raise SKr1.2bn in rights issue

Ambea, the largest care provider in the Nordic region, is to raise SKr1.2bn (US$124.8m) in a rights issue partly to fund its acquisition of...

Apposite Capital-backed Swanton Care makes bolt-on acquisitions

Swanton Care and Community has bought specialist adult residential and supported living providers Values in Care Ltd and GRS Care Ltd, to consolidate its...

Demand for specialist supported housing helps drive Civitas growth

Civitas Social Housing added an extra 34 properties to its portfolio during the three-month period to 31 March. The business carried out ‘a significant amount...
Diversification proves positive for Impact Healthcare

Impact’s share placing ‘significantly oversubscribed’

Impact Healthcare REIT’s share placing which was announced last month has been ‘significantly oversubscribed’. The board exercised its right to increase the size of the...

Ashley House signs off contracts despite frustrations

Ashley House has signed contracts to start work on two care schemes and has been awarded further projects but the length of time to...

Sovereign Capital begins sale of Outcomes First Group

Private equity firm Sovereign Capital Partners has started its sale of Outcomes First Group, with the first round of bids due by 23 May,...

Belgium: Aedifica reports 89% take up of capital increase

Belgian healthcare REIT Aedifica has reported an 89% take up on its €418m (US$469m) rights issue. The company said that 5.5m shares had been taken...

Grosvenor eyes growth opportunities despite challenging market

Domiciliary provider Grosvenor Health and Social Care is looking at potential growth opportunities, including acquisitions and diversification into different areas of social care. With financial...

Impact purchases four care homes for £21m

Impact Healthcare REIT has bought four care homes from subsidiaries of the Maria Mallaband and Countrywide Group (MMCG) for £21m. The sale and leaseback transaction...