Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Underwood & Co Advises Puma Investments’ investment in Abbey Healthcare

Posted 6th August 2015

Underwood & Co Advises Puma Investments’ investment in Abbey Healthcare

Underwood & Co Advises Puma Investments' investment in Abbey Healthcare

Scroll to keep reading

Underwood & Co Advises Puma Investments’ investment in Abbey Healthcare

Underwood & Co Advises Puma Investments’ investment in Abbey Healthcare

View Biography

Limited-life venture capital trust (VCT) Puma Investments has invested £11 million to develop two care homes operated by Abbey Healthcare, HealthInvestor can reveal.

The investment will be used to develop and initially operate two new care homes in Scotland and England.

Puma invested £6 million to develop a 112-bed Abbey Healthcare care home based in Hamilton, Scotland.

The second investment, worth £5 million, will go towards the development of a 60-bed care home in Mill Hill, London.

Both developments will have en suite wet room facilities.

Eliot Kaye, investment director at Puma Investments, said: “We have been involved with a number of investments in the care home space, and are delighted to be working with Abbey Healthcare which is well established and a highly regarded operator in the sector.

“These deals fit well with our investment strategy of seeking to mitigate risk by ensuring our investments are asset backed and, we believe, will offer an attractive return for our investors.”

Puma Investments is part of investment group Shore Capital. Its 11th limited-life VCT raised £30.6 million in 2014-15.

Abbey Healthcare currently operates a portfolio of 16 care homes with 1,279 beds across the UK.

Categories: Finance, Strategy

You Might Also Like

Why Accountability is a Core Element of Workplace Culture and Leadership

20/03/2023Why Accountability is a Core Element of Workplace Culture and Leadership

It’s incredibly difficult to develop a successful business and a thriving team without accountability, yet so many businesses neglect to develop this aspect of their workplace culture. If no-one (even in the leadership team) takes ownership of their responsi

Haskell Acquires Leidos Constructors and Design Assets

16/03/2016Haskell Acquires Leidos Constructors and Design Assets

Haskell, one of the leading fully integrated design, engineering and construction firms, announced today that it has signed a definitive agreement to acquire Leidos Constructors, LLC.

The UK’s Most Personalised Venous Treatments

26/01/2024The UK’s Most Personalised Venous Treatments

Accredited with the title of Best Varicose Veins Treatment Clinic 2023 – UK, The Whiteley Clinic is an internationally renowned centre whose specialty lies in the investigation and treatment of venous diseases. Promising the highest level of care through acc

Buy a Business or Start Your Own? What’s Your Best Option?

20/07/2021Buy a Business or Start Your Own? What’s Your Best Option?

There are two main ways of becoming a business owner. Starting your own or buying an existing venture. Find out the pros and cons of each option.

International engineering consultancy Thornton Tomasetti to acquire MMI Engineering

14/06/2018International engineering consultancy Thornton Tomasetti to acquire MMI Engineering

Thornton Tomasetti, the international engineering consultancy, has agreed to acquire MMI Engineering (“MMI”), the technical consulting specialist focused on the risk management of man-made and natural hazards across the oil and gas, nuclear, utilities and

Blackstone Acquire Office Building in London for $400m

01/04/2015Blackstone Acquire Office Building in London for $400m

Blackstone Group LP, the world’s largest private-equity investor in real estate, agreed to buy an office building in the City of London financial district for $400 million from Land Securities Group Plc.

5 Tips For Relocating Your Business To Georgia

04/02/20215 Tips For Relocating Your Business To Georgia

Whether it’s because of the GRAD program, the 6 percent corporate tax rate, or one of the many grants and loans available for business relocation, many businesses decide to move to Georgia. Georgia is home to Google, NCR, UPS, General Mills, Boeing, and Home

The Gold Standard of Art Investment: Understanding What Blue Chip Art Is?

29/08/2023The Gold Standard of Art Investment: Understanding What Blue Chip Art Is?

In the world of art investment, the term “blue chip art” is often used to refer to pieces that are considered exceptionally valuable and stable. Much like blue chip stocks in the financial market, blue chip art represents the gold standard of inves

Is it Possible to Increase the Recognition of Your Business Using 3D Modeling?

14/08/2024Is it Possible to Increase the Recognition of Your Business Using 3D Modeling?

In today’s highly competitive business landscape, standing out and being recognizable are paramount for success. Companies are constantly searching for innovative ways to capture their audience’s attention and distinguish themselves from competitor

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS