The same day the Donegal native sold her nursing-home business Brindley to France's Orpea in 2021, she bought the iconic Co Kildare castle for €15m. Five years on, she is revelling in her role at the helm.
The RTÉ Investigates programme uncovered poor care practices at two nursing homes. Raw footage from the documentary was sought by Hiqa to determine whether further regulatory action may be required to protect residents.
In 2020, the French-owned Emera Group bought a majority stake in nursing home operator Virtue. Now the founders of the €150m business claim they are being oppressed by the private equity-backed investor.
Healthcare investor Welltower's €5.9bn acquisition of the nursing homes portfolio, largely owned by JP McManus, Dermot Desmond, and John Magnier, marks the latest splurge by an American fund in the market.
Led by Mick O'Driscoll, Ethos Care is a new nursing home group that hopes to manage over 1,000 beds in Ireland. It is in talks to buy a 12-strong nursing home group.
Deloitte receivers say they have a buyer lined up for the Waterford nursing home but first need to vacate a lis pendens lodged on the property by its owner, a unit of the winding-down BlackBee investment group.
The start-up, led by Adam Keane, recently signed a partnership in the UK where it could reach up to 6,000 care services all while it is hiring in France.
With offices shut and nursing homes locked down, Blackbee directed clients into the credit of offices and nursing homes. An update to clients shows how the investments are performing.
Investors led by France’s sovereign wealth fund are taking control of the debt-ridden French care multinational. Their input into an ongoing restructuring plan remains to be seen, as does its impact on Orpea’s 1,500 Irish residents.
Following a scandal in its French home market, Orpea is battling creditors with deadlines falling in the coming months. New company information reveals how its Irish arm is facing the crisis.
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