The most widely anticipated deal in the care sector has finally happened. HC-One has acquired 122 Bupa Care Homes for £300m. However, it comes with the caveat that it is subject to regulatory approval, indicating possible involvement by the Competition and Markets Authority.  Click here to read more.

An investment group that is set to be the biggest care homes owner in Britain has vowed that it will not become the next Southern Cross. HC-One is poised to acquire about 120 homes from Bupa, possibly through a debt and equity deal amid unease about the implications for the group’s debt levels and with …

Bupa deal set to create UK’s biggest care homes provider Read More »

Care homes are teetering “on the edge” and a chronic shortage of funding risks “catastrophic failure” within the National Health Service, the businessman expected to be the biggest operator of residential homes has warned. Chai Patel, chairman of HC-One, which could take over more than 120 homes from Bupa, predicted that six national chains would …

Care home chief warns sector is on the brink of catastrophic failure Read More »