Care home group Willowbrook Healthcare has secured £53 million to fund its expansion plans, which include opening new and acquiring established care homes across the UK.
Complete Group, which provides care in the home to people with severe long-term illnesses or disabilities, has been acquired by homecare group Claimar Care for £33.1 million.
Mid-market private equity house Graphite Capital has upped its equity interest in nursing homes operator Avery Healthcare (along with management) to £23 million, in order to aid the latter’s ambitious expansion plans.
Graphite Capital has pledged an initial £9 million of equity to Avery Healthcare, a group eager to establish itself as a mid-sized player in the UK’s nursing and dementia care homes market.
Barclays Private Equity has sold its stake in residential care business CareTech back to the company’s management – after three years of investment – ahead of a reported £50 million AIM flotation.
Careforce, a provider of care for the elderly and infirm, wants to raise £7 million ahead of a proposed flotation on AIM this November arranged by Arbuthnot.
