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Solid six months for CareTech
Specialist care provider CareTech Holdings has reported a steady six months to 31 March 2014 in its latest trading update.Executive chairman Farouq Sheikh said:...
Guardian settles with Barclays over Libor
Guardian Care Homes has reached an out-of-court settlement with Barclays ahead of the case accusing the bank of mis-selling products attached to the inter-banking...
ACH acquired by investment funds
Montreux Capital Management, a Swiss investment firm, and KTN Care, a specialist healthcare investor, announced last month that they have acquired learning disability care...
Care Solutions sees steady growth
Learning disability care provider Care Solutions Group reported revenues of £14.5m for the year ended 31 July 2013, an increase of 13.2% on the...
Saga announces It intention to float to raise £550m
Saga announced yesterday that it is set to proceed with an initial public offering (IPO) and float on the London Stock Exchange (LSE).
The share...
European Care rebrands following sale
European Care Group has rebranded as Embrace following its acquisition by investment firms Värde Partners and the D.
E.
Shaw Group for an undisclosed sum.The change...
Revenues flowing for By the Bridge
Independent fostering agency By the Bridge Holdings Limited reported a 9.7% increase in revenues for the year ended 30 June 2013 to £21.2m from...
Bridges invests in 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,...
MPs publish children’s homes gudiance
MPs published the Education Committee’s Sixth Report of Session 2013-14 on Residential Children’s Homes last month which outlined when it is appropriate to refuse...
Cost of Dilnot ‘miscalculated’
The projected £2.5bn annual cost of implementing the Dilnot fee cap has been underestimated by the treasury by around £150m a year according to...
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