UK firm acquires care home group

One of the country’s leading nursing home groups, CareChoice, has been acquired by a leading UK investment firm in a multi-million euro deal. Emerald Investment Partners Ltd closed the €33m deal for the Cork-headquartered firm on Wednesday, market sources said.

UK firm acquires care home group
Sat, 13 Dec, 2014 - 00:00
Peter O’Dwyer

CareChoice operates five care homes in Munster, making it one of the country’s largest such groups.

One of its founders, Paul Kingston, is to remain as executive director and will continue to lead CareChoice’s senior management team.

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CourtsPlace: UKPlace: CorkPlace: MunsterPlace: DublinPlace: ClonakiltyPlace: BallynoePlace: MontenottePlace: MacroomPlace: DungarvanPlace: Co WaterfordPerson: Paul KingstonPerson: KingstonPerson: Mark O’BrienOrganisation: CarechoiceOrganisation: Emerald Investment Partners LtdOrganisation: EmeraldOrganisation: Emerald Investment Partners
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

Home care firms want HSE to end home support allocation model

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