Occupancy recovery helps drive revenue growth at Minster
Recovering occupancy rates helped drive revenue up 16.8% at Minster Care Group but its posted falling pre-tax profit and EBITDA.
The operator, which runs 66...
Unbudgeted cost rises leads to growing deficit at Greensleeves
Recruitment at some settings operated by Greensleeves Homes Trust has proved difficult, leading to ‘heavy reliance’ on agency, with spend in this area more...
Person Centred Software grows connected care offering with acquisition
Person Centred Software has acquired DepenSys as part of its expansion to its connected care offering.
The deal means more than 6,000 care...
Silbury Finance provides joint venture with £66m loan for retirement scheme
Silbury Finance has provided a joint venture vehicle established by Audley Group and Senior Living Investment Partners (SLIP) with a £66.5m loan.
The 53-month senior...
The Rise Fund and Investcorp invest in Outcomes First Group
Outcomes First Group (OFG) has been acquired by The Rise Fund and Investcorp from Stirling Square Capital Partners.
The Rise Fund, which is TPG’s global...
Downing LLP-backed Mysa Care buys PoC in ‘transformative’ deal
Downing LLP-backed Mysa Care has acquired South Wales based supported living and care business PoC in what has been described as a ‘transformative’ deal...
Fee and occupancy growth helps drive up EBITDAR at Barchester
Fee rate inflation and occupancy growth helped drive up EBITDAR of continuing operations at Barchester Healthcare, latest results show.
Labour efficiencies also helped but these...
Puma Property Finance provides loan for intergenerational scheme
Puma Property Finance has provided a facility of approximately £13m to develop a care home and children’s day nursery in Bowdon, south Manchester.
The loan...
Adlington secures £75m from NatWest and Homes England
Adlington Retirement Living has secured a £75m development facility from NatWest Group and Homes England to accelerate growth of its pipeline of integrated retirement...
Care home deals roundup
Agency Prime Care Ltd has bought Burlington Nursing Home in Bognor Regis, West Sussex.
The site comprises two attached properties that have been extended and...
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