St Bernard’s residential home in Solihull has sold to an undisclosed multi-care home operator.
M&AA new mental health hospital will open in Rhyl this month with the support of an eight-figure funding package from HSBC UK.
M&ABraid Hills, a former nursing home for 119 residents, will be re-opened in the next few years following its acquisition by Crown Care Group.
M&ABIRA Group Limited, which has a portfolio of seven homes in South Wales, has acquired Filed Farm House Residential Home in Hampton Bishop.
M&ADowning has acquired Inspire Neurocare and Hamberely Neurocare, its first acquisitions in the neuro-rehabilitation sector.
M&AHealth services business Inuvi has received a £16m loan to fund its growth and acquisitions strategy. It has been provided by OakNorth.
In other news...Assura and Sana Bidco Limited (a company wholly owned by funds advised by KKR, Stonepeak, and affiliates) have reached an agreement on the terms of a recommended cash offer.
M&ALDC-backed RDi, which provides data-driven, automated self-sampling and testing kits for healthcare, has acquired Inicio Health – a platform for healthcare interoperability, automation, and AI.
M&ADoctor Care Anywhere has partnered with Huma to address the growing supply and demand gap for GP appointments.
In other news...A development site in Brockworth, Gloucester, has been sold with full planning consent for a 66-bedroom care home.
Real estatePuma Property Finance has said it provided loans for the development of over £150m worth of UK care homes last year.
In other news...UK real estate investment manager Newcore Capital has achieved first close on its £375m core-plus fund the ‘Newcore Social Infrastructure Income Fund’.
In other news...Specialist support service Achieve Together has acquired 18 adult residential homes from Outcomes First Group.
M&AQueen’s Park Equity (QPE) has announced the closing of its second fund, QPE Fund II, at £305m. The amount raised represents a 50% increase on QPE Fund I, which was raised in December 2020 and also closed oversubscribed at £202m.
In other news...The board of Assura has received a revised indicative proposal from Primary Health Properties (PHP). If an offer is made and accepted, the merged group would be the eight largest UK listed REIT.
M&ADevelopers and operators are being urged to build more care homes across the country as a new report reveals a growing shortfall in bed numbers and issues with existing buildings.
Real estateEwan Bramley Dental Care in North Shields, Tyne and Wear, has sold to two associates at the practice.
M&AMost read
Specialist support service Achieve Together has acquired 18 adult residential homes from Outcomes First Group.
M&AAssura and Sana Bidco Limited (a company wholly owned by funds advised by KKR, Stonepeak, and affiliates) have reached an agreement on the terms of a recommended cash offer.
M&AUK real estate investment manager Newcore Capital has achieved first close on its £375m core-plus fund the ‘Newcore Social Infrastructure Income Fund’.
In other news...Queen’s Park Equity (QPE) has announced the closing of its second fund, QPE Fund II, at £305m. The amount raised represents a 50% increase on QPE Fund I, which was raised in December 2020 and also closed oversubscribed at £202m.
In other news...