SignaCare to be acquired by Virtue for €35m

The south-eastern nursing home group, run by Margaret-Anne and John Dargan, has 233 beds across four homes

21st March, 2021
SignaCare to be acquired by Virtue for €35m
Cillian Willis: Virtue co-founder PIc: Inpho

SignaCare, a nursing home group in the south-east run by Margaret-Anne and John Dargan, is to be acquired for in the region of €35 million.

It has reached an agreement with the Virtue elder care group, which is majority owned by French investor Emera, to sell its four homes with a combined 233 beds in Waterford, New Ross, Bunclody and Killerig.

The deal will bring Virtue’s nursing home portfolio to 900 beds. The Dargans, who founded...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Dingle boatmen claim government has left them high and dry with no support

SMEs Donal MacNamee 1 hour ago

Peachylean seeks extra €1m funding after Dragons’ Den success

SMEs Gillian Nelis 4 days ago

Making It Work: E-bike firm plugs into power of green revolution

SMEs Elaine O'Regan 4 days ago

Making It Work: Yatta’s €1.1m funding win shows good financial planning

SMEs Elaine O'Regan 5 days ago