AMP Capital announces second investment in UK specialist care sector
AMP Capital has announced that it has acquired Care Management Group (CMG) on behalf of investors in its Global Infrastructure Equity strategy.
CMG provides residential and supported living services for adults with learning difficulties and mental health conditions, with 189 services across England and Wales.
This is AMP Capital’s second investment into the UK health and social care sector, following the acquisition of The Regard Group in January 2018.
CMG has a strong track record of providing high-quality care to its service users, demonstrated through its Care Quality Commission ratings of 98% ‘Good’ or ‘Outstanding’. This commitment to high-quality care aligns AMP Capital's approach with Regard, which has received 98% ‘Good’ or ‘Outstanding’ ratings.
AMP Capital has acquired 100% of CMG.
Country updates
-
-
December 12, 2018
Tender for London Cancer Hub to be launched next year
The London Borough of Sutton (LBS) has announced that it is planning to launch a tender for a development partner for The London Cancer Hub early next year.
Read more -
December 11, 2018
Alpha Real Capital launches Wind Renewables Income Fund
Alpha Real Capital has launched a new fund that focuses on medium size wind energy investments. The Wind Renewables Income Fund (WRIF) will predominantly invest in sub 5 MW onshore wind assets in...
Read more -
December 07, 2018
Aberdeen Western Peripheral Route sees light, faces overruns
The total cost of the constructing the Aberdeen Western Peripheral Route (AWPR) has raised up to £1 billion, according to local sources. The bypass is being built under a £745 million fix...
Read more -
December 07, 2018
Surrey amends streetlighting PFI
Surrey city council (UK) has approved changes to its PFI contract to change street light bulbs to LEDs. Surrey county is located in the southeast of England, near the border of London city....
Read more -
December 07, 2018
Skanska takes over FM contract managed by Carillion
Skanska has been awarded a £196m facilities management contract part of the 13-year PFI contract formerly held by Carillion with the Ministry of Defence’s Northwood HQ in Hertfordsh...
Read more
