Cambian acquires Mencap colleges

Newly-listed The Cambian Group has acquired three further education colleges for young people with learning disabilities, autism, profound and multiple learning disabilities and complex health and behavioural needs from Mencap for an undisclosed sum.

Care homes boosts Sanctuary’s coffers

Sanctuary Housing Association reported revenues of £474m for the year ended 31 March 2013, a 9.8% increase on the previous year’s £431.5m.

Meridian on the market?

Meridian Healthcare is up for sale with a £150m price tag, CCMn understands. Property consultants Knight Frank have been instructed to carry out a strategic...

Bridges backs Alina Homecare

Bridges Ventures has invested an undisclosed sum in newly-established domiciliary care agency Alina Homecare. The finance comes from its Bridges Sustainable Growth Fund III, which...

HICA reduces its deficit

The Humberside Independent Care Association (HICA) reported revenues of £32.5m for the year ended 31 March 2013, a slight decline on the previous year’s...

Extra care fails to boost Ashley House profits

Health and community care property company Ashley House Plc has said its diversification into extra care housing is progressing well but not well enough...

L&G funds £51m LNT debt facility

Legal & General (L&G) has made further in-roads into the UK care home sector by granting the LNT Group a £51m, ten-year debt facility.The...

Legally speaking – June

The Care Act 2014 - does it herald a new era of transparency?The Care Act 2014 completed the parliamentary process and came onto the...

US-based psychiatric provider buys PiC

US-based psychiatric provider Acadia Healthcare has acquired Partnerships in Care (PiC) from its private equity owners Cinven for approximately $660m (£393m). Acadia, which is backed...

Target hits bullseye with three acquisitions

Care home investor Target Healthcare REIT Limited announced the acquisition of a portfolio of three modern, purpose-built care homes for £13.9mThe properties are located...