BetterCare acquisition paces Four Seasons at top of league

Posted on May 1st, by editor in Caring Times. No Comments

With the acquisition of BetterCare, the ninth biggest for-profit long term care operator, Four Seasons Health Care is now placed convincingly at the top of the league of corporate providers. BetterCare Group comprises of a private acute hospital and 26 care homes providing nursing care to older people and specialist nursing care to younger adults with complex healthcare needs. The £116m deal consolidates Four Seasons1 position in the South East of England where the largest proportion of BetterCare1s 1,989 registered beds are operated, and secures Four Seasons1 position as the biggest for-profit nursing home owner and operator in the UK with 20,500 beds and 430 locations, with annual turnover in excess of £370m. In early May, Four Seasons acquired the entire share capital from 3i and BetterCare management which held more than 54 per cent of the shareholding, with brothers Don and James Patterson holding the majority of management1s share. Four Seasons1 chief executive Tony Heywood said the BetterCare portfol

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