Two care companies listed in the top 100

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

Two long term care companies have made it into the recent _Sunday Times_ “Fast Track 100” of the UK’s fastest-growing private companies. At 35th, Barchester Healthcare showed annual sales growth up 97 per cent this year on sales of £289m. As little time ago as the year 2002/3 sales were just £37m. Backed by Irish entrepreneurs John Magnier, Dermot Desmond and JP McManus, the business has been transformed by a series of acquisitions, the most important of which was the £525m purchase of Westminster Health Care in 2004 which added 5,700 beds in a single swoop, increasing the size of the company by 130 per cent. Although more than 25 businesses have been bought in the last five years the company is at pains to emphasise that it does not believe in growth for the sake of it. Acquisitions have to bring quality properties in the right place, and be properly planned and executed. In 82nd position is Healthcare at Home, a Burton-on-Trent based business which cares for NHS and private clients in their own hom

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