Private equity companies are eyeing up the collapsing Southern Cross group of care homes. Stuart Quint from 3i is quoted in an article in the Observer "We are on the look-out for opportunities, particular where we can charge a premium for specialist services in areas such as learning difficulties, dementia, brain injuries and Huntington's disease."
Full article here http://www.guardian.co.uk/business/2011/jan/23/southern-cross-care-homes-private-equity
Meanwhile my local council (Haringey) is planning to close all of its care homes by 2013 which will mean that all care in Haringey will be provided by the private sector
http://www.hornseyjournal.co.uk/news/age_matters_director_warns_of_transplantation_shock_for_old_folk_moved_out_of_homes_in_haringey_1_771271
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