McCarthy & Stone acquired YLMS.

McCarthy & Stone, the UK’s leading developer and manager of retirement communities, acquired YLMS, which has provided extra care services in the 92 developments. John Tonkiss, Chief Executive of McCarthy & Stone, said: “Our partnership with Somerset Care has been hugely successful and has made a profound difference to the quality of life of thousands of older people. It has helped us to become one of the largest operators in the housing with care sector and we deliver more new dwellings of this form of housing each year than any other organisation. We are also the largest private operator by far. We have developed considerable expertise in providing care and the long-term running of our developments and I would like to thank everyone at Somerset Care for being such an excellent organisation to work with."