Adult Care

 

Healthcare investment “through the bottom of the cycle” — Goldberg (Rothschild)

At last year’s conference Hedley Goldberg, Managing Director at multinational investment bank Rothschild, predicted healthcare M&A activity would begin picking up again in Q4 2023 or Q1 2024. But we’re now halfway through 2024 and there are still very few deals above €500m taking place. Goldberg is confident, however, that we have now passed through the bottom of the cycle.
June 20, 2024

Log My Care secures £3 million funding from Mercia Ventures

Log My Care, a digital platform care management platform, has secured £3 million in funding from Mercia Ventures. This new investment boosts the company's total funding to over £7 million, and is not Mercia Ventures’ first investment in the business.
April 12, 2024

UK Home Office plans threaten overseas recruitment

The UK’s care sector has become heavily dependent on foreign nations for its healthcare workforce. With new proposals from the Home Office restricting whether families can accompany some workers coming to the UK, HBI speaks to two operators to hear what impact the plans could have.
January 25, 2024

Interview: Rebekah Cresswell, CEO, Priory

With a workforce on its knees, it is little surprise that the prospect of ‘care as a career' is becoming an increasingly difficult reality. HBI speaks to UK mental health and social care provider Priory’s CEO Rebekah Cresswell about the government’s latest reforms, and how staff retention can be improved even when times are tough.
January 19, 2024

Attendo increases market share in Sweden with 120 Team Olivia units

Pan-Nordic care group Attendo has acquired 120 facilities from Team Olivia, a rival Nordic care group. The acquisition will boost Attendo's already-dominant market share in Sweden’s for-profit disability, personal and family, and home care sectors. We speak to the company’s investor relations director to find out more. 
January 19, 2024

UK tightens foreign recruitment visas

This week, the UK’s Home Secretary James Cleverly announced government plans to tighten health and care worker visas. HBI speaks to a global workforce expert to understand what this attempt to prioritise ‘British talent first’ will mean for operators already facing a workforce crisis.
December 8, 2023

Voyage Care seeks new CEO and CFO

Voyage Care, the UK’s largest provider of support for people with learning disabilities by revenue, is on the hunt for a new CEO and CFO. Andrew Cannon - who has served as CEO for the last eight years - will remain in position until a successor has been found.
October 26, 2023

Optimo acquires Abbeycare

UK Homecare group Optimo Care is acquiring specialist supported-living provider Abbeycare, the deal marking the group’s eighth acquisition in the last year. HBI speaks to Ben Hales, Optimo’s group project director to find out more about its run of M&A in what, for most, has been a quiet year.
September 22, 2023

Germany cuts red tape to recruit outside EU

This summer, a new immigration reform was passed to make it easier for workers from non-EU countries to relocate to Germany. An Indian organisation plans to train 2,000 nurses for the German market. HBI speaks to experts to find out who will make the most of the changes and if it’s the best course of action to combat labour shortages.
September 1, 2023
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