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City & County acquires UK rivals

UK-based community homecare and domiciliary care specialist City & County Healthcare Group has acquired rivals MiHomecare Limited and Complete Care Amegreen, further extending its UK portfolio as M&A activity in the sector resumes after a Covid hiatus.

Interview: Martin Jones, CEO, Home Instead UK

This week we interview Martin Jones, the CEO of UK-based home care operator Home Instead, about the effect of COVID on the market, drivers, and the growth of the franchise model.

For-profit homecare may struggle to compete after French reform

Legislation in France is set to hike minimum homecare carer wages by 20% in the not-for-profit sector, with financial support from the government to do this. HBI hears low margin for-profit operators fear they will struggle to match this and retain staff.

GCC post-acute group sells for 10.5x as M&A climate cools

TVM Capital Healthcare has sold the GCC's largest post-acute/rehab provider Cambridge Medical and Rehabilitation Center (CMRC) to investor Amanat Holdings for 10.5x its 2020 EBITDA, a much lower multiple than it got for similar business Provita six years ago. We discuss the change in M&A climate with TVM CEO Dr Helmut Schuehsler and talk to Amanat's CFO about its plans with CMRC and its three other healthcare assets.

$20bn merger could transform Brazilian healthcare market

A $20bn merger between two giants of Brazilian healthcare, listed HMOs Hapvida Participacoes e Investimentos SA and Notre Dame Intermedica Participacoes SA (GNDI), will create one of the world’s biggest companies providing verticalized health-care solutions. HBI looks at the deal in detail, and talks to a Brazil-based operator to find out more.

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