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Nursing Homes

 

FREE BLOG More woe for care giants

The bigger the care home group, the worse its performance, is the broad rule from data we've sourced from the UK’s Care Quality Commission, which sheds light on the country’s on-going social care crisis.

Cambian surrenders its adult care segment

UK care provider Cambian has hired banker Rothschild to sell off its adult care division – the most profitable and the one with the highest occupancy rates. The sale should cover Cambian's refinancing needs following two profit warnings and a breach in its debt covenants during the past year.

PAI finally grabs SAR

Private equity house PAI Partners is buying a 100% stake in Spain's largest care provider Sarquavitae for €500-550m, roughly a 15x EBITDA multiple.

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