Sovereign backs Nurse Plus MBO

Key Capital Partners (KCP) has sold its investment in Nurse Plus to a secondary MBO led by chief executive Heath Blake and managing director Pamela Bruce. The deal was funded by Sovereign Capital. No financial details have been disclosed but Sovereign described its investment as significant.

Mears positive about future success

Mears reported in a pre-close trading update that it has ‘92% visibility of the market consensus revenue forecast for 2015 of £886m’, compared to...

Residential home growth boosts Somerset Care’s business

Somerset Care Limited achieved a slight rise in turnover from £80.5m to £80.8m for the year ended 31 March 2014. After cost of sales of...

Bains resumes leadership of Sevacare

Founder and current chairman of homecare provider Sevacare Ravi Bains is to reassume the role of chief executive following the departure of Roger Booker,...

Whitecross takes control of Care UK’s finances

Phil Whitecross has joined Care UK as chief financial officer. The former chief executive of InHealth has worked with Care UK as group commercial...

How to be sucessful in a seller’s market: Tim Nye of Trowers & Hamlins...

The care sector has seen a number of acquisitions in recent months, particularly in the specialist services sector, for example Universal Health Services buying...

‘Inappropriate’ in-patient facilities should be closed

A report published by the Transforming Care and Commissioning Steering Group, chaired by Sir Stephen Bubb, has called on NHS England to close ‘inappropriate...

New developments

Legal & General (L&G) has acquired three care homes from the Careplaces Fund, which is managed by Bridges Ventures in partnership with Castleoak, for...

‘Inappropriate’ in-patient facilities should be closed

A report published by the Transforming Care and Commissioning Steering Group, chaired by Sir Stephen Bubb, has called on NHS England to close ‘inappropriate...

New developments

Legal & General (L&G) has acquired three care homes from the Careplaces Fund, which is managed by Bridges Ventures in partnership with Castleoak, for...