Tag Archives: Finance

Jeremy Nixey

Shaw healthcare clinches £10m investment

Shaw healthcare clinches £10m investment

Employee owned care provider for the elderly, Shaw healthcare has agreed to sell a minority stake in its business to fund manager Bridges Evergreen Investment.

Brunelcare plans 64-bed Gloucestershire care home

Charity and care and housing provider Brunelcare plans to build a 64-bed care home and 24-bed reablement service in Cadbury Heath, South Gloucestershire.
Four Seasons Nurses

BREAKING NEWS: Four Seasons confirms it will be unable to pay debt interest

Four Seasons Health Care (FSHC) today confirmed it will be unable to pay interest on its debt in December as talks on restructuring proposals with its creditors continue.

Care home costs hit record level

Care home costs rose by a record 9.6% between 2016 and 2017, according to Prestige Nursing + Care research.
Julian Evans

UK faces £15bn care home replacement bill, Knight Frank says

The UK is facing a £15bn bill to replace 6,600 lost care homes over the next five years, global property consultancy Knight Frank says.
Four Seasons Nurses

BREAKING NEWS: Terra Firma agrees to H/2 Capital’s Four Seasons rescue plan

Private equity owner Terra Firm has agreed to cede control of Four Seasons Health Care (FSHC) to the provider’s main creditor H/2 Capital.
Four Seasons Nurses

BREAKING NEWS: Four Seasons creditor issues debt restructuring counter proposals

Four Seasons largest creditor H/2 Capital has issued a series of proposals that it argues will restore the financial stability of the indebted care provider.

Welltower posts flat third quarter revenue

US based real estate investment trust (REIT) Welltower has reported a 1.1% rise in group revenue to US$1.09bn (£828m) in the three months to the end of September.

Santander supports Beaucare Medical MBO

Harrogate based Beaucare Medicare, one of the UK’s largest independent suppliers of medical, nursing and hygiene suppliers, has announced the successful completion of a management buy-out (MBO).

AEW UK REIT announces £10.3m care home deal

AEW UK Long Lease REIT has announced the acquisition of two residential care homes in the West Midlands and East Riding for £10.3m.