CareTech posts impressive results for 2016
CareTech’s unaudited preliminary results for the year ended 30 September 2016 show another impressive financial performance by the specialist care provider. Revenues were up...
HC-One buys Helen McArdle Care
HC-One has acquired Helen McArdle Care from HMC Group for an undisclosed sum.
The deal, handled by Knight Frank, includes 19 care homes in the...
Tracscare acquires seven units from Embrace
Specialist care operator Tracscare has acquired six supported living services and an ABI unit from Embrace Group for an undisclosed sum.
The move follows on...
CMA to look into Cambian deal
Following its investigation of Acadia’s acquisition of the Priory Group and the launch of an inquiry into the care home market, the Competition and...
New investor from Israel
Israeli billionaire Igal Ahouvi is understood to have bought a portfolio of 15 care homes in London and the south east from a private...
CM meets…Farouq Sheikh
Having been awarded the LaingBuisson Awards 2016 Outstanding Contribution accolade, alongside his brother Haroon, we talk to CareTech's executive chairman.
CM: How did you come...
Revenues up at Sanctuary
Care home operator Sanctuary Care reported a 3.5% rise in revenues from £87m to £90.9m for the year ended 31 March 2016. After deducting...
Losses increase at Life Style Care
Turnover at Life Style Care plc rose marginally from £19.8m to £19.9m for the year ended 31 March 2016. Subtracting cost of sales of...
Excellent year for ExtraCare
The ExtraCare Charitable Trust reported a 45.2% increase in turnover for the year ended 31 March 2016 from £56.3m to £81.8m. Operating costs of...
Retirement Villages strengthens its board
Retirement Villages Group made a number of new appointments last month to strengthen its board.
Christina Edwards has come on board as a non-executive director...
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