Cera to grow ‘significantly’ through contracts and acquisitions
Cera plans to grow ‘significantly’ through both its contract and acquisition pipelines, targeting ‘adjacent services and geographies’.
Financial results showed it continued to grow its...
Elevation completes sale and leaseback deal
Real estate fund Elevation Healthcare Properties (EHP) has completed the sale and leaseback of a care home in St Neots, Cambridgeshire.
Henbrook House is let...
Smart Care Homes grows portfolio with Mannamead deal
Smart Care Homes has grown its portfolio with the acquisition of Mannamead Care, a group of five settings in Plymouth, Devon.
Mannamead Care, which was...
Ignite Growth acquires Acorns Health Care
Investment firm Ignite Growth has acquired specialist supported living business Acorns Health Care in Curdridge, Hampshire.
The operator, which was founded by Sue Vaughan, provides...
Profitability at Barchester improves as occupancy and fees grow
Barchester Healthcare posted growing revenue and EBITDAR, driven by improvements in occupancy and fee rates.
Financial results showed the provider ‘performed strongly’ from both care...
First Qualia Care setting sold following High Court ruling
Vriddhi Investments (Agha Group) has bought St Mary’s in Moston, Manchester – a Qualia Care home that was initially funded through a Ponzi scheme.
It...
People plan helps with recruitment and retention at Brunelcare
Introduction of a range of staff benefits – including the real living wage (RLW) – has helped Brunelcare improve recruitment and retention at the...
Lochinvar Care sells development site to LNT
Lochinvar Care Ltd has sold a development site in Chingford, northeast London, to LNT Care Developments.
The 5.1-acre freehold site has planning permission for a...
Grosvenor acquires homecare business Lifted Care
Homecare company Lifted Care has been acquired by Grosvenor Health and Social Care Group for an undisclosed sum.
The deal allows Lifted to focus on...
Four Seasons Health Care posts uplift in EBITDA
Four Seasons Health Care (FSHC) posted rising EBITDA in the third quarter as occupancy and average weekly fee (AWF) continued to show growth.
Its Q3...
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