Ethos Care, a nursing home operating business backed by Lugus Capital, is in talks to acquire Sonas, a nursing home group with 12 nursing homes nationwide. Ethos Care, which was formed two years ago and is led by former Irish rugby international and elderly care executive Mick O’Driscoll, is buying the group as part of a larger plan to become a major player in the Irish nursing home industry. A large international private equity fund is understood to be helping to finance Lugas Capital in building the new nursing home group to be operated by Ethos Care. The US-headquartered private…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Get unlimited access to The Currency and The Wall Street Journal with an annual membership – and receive a free, signed copy of Vincent Browne’s new book, Charles Haughey: Glory, Greed and Guns, delivered straight to your door.