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

How to Prepare Your Business for Expansion: A Quick Guide

03/02/2023How to Prepare Your Business for Expansion: A Quick Guide

There’s no doubt that starting a new business can be very rewarding, but there are also challenges that come with it. Making sure that your business is thriving and taking the next steps will be vital to your success.

Indian Ingenuity in Educational Excellence

04/02/2020Indian Ingenuity in Educational Excellence

For many students, learning and achieving academic success requires more than simply studying books. Feeling invested in and connected with can help students go above and beyond their limitations in striving for better careers. EduconIndia is helping students

Carey Watermark Investors Acquires The Equinox

18/02/2016Carey Watermark Investors Acquires The Equinox

Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired The Equinox Golf Resort & Spa, part of Starwood's The Luxury Collection brand.

Coeur Acquisition of Wharf Gold Mine

27/02/2015Coeur Acquisition of Wharf Gold Mine

Coeur Acquisition of Wharf Gold Mine Coeur Mining, Inc, a precious metals mining company listed on the Toronto and New York Stock exchanges, has acquired the Wharf gold mine located in Lead, South Dakota. The acquisition involved entering into a deﬁnitive ag

5 Ways To Lessen Your Business’s Carbon Footprint

13/04/20235 Ways To Lessen Your Business’s Carbon Footprint

The world is becoming more aware of environmental sustainability. Industries are shifting how they operate, from sourcing and production to waste disposal, to meet their obligations in environment conservation.

What is Spend Management and How Does it Work?

28/09/2022What is Spend Management and How Does it Work?

Effectively handling your finances is one of the most crucial components of any business. There are many different ways a business can do this, but more often than not, it’s achieved through a process known as spend management. This important proces

The USA’s Most Innovative Business Leaders 2015

10/12/2015The USA’s Most Innovative Business Leaders 2015

Senior Star Management Company are a family-owned sheltered community management firm specialising in providing professional, tailored care for their residents. Chief Operations Officer and Senior Vice President Anja Rogers talks us through the firm’s high q

Global Mobility & Immigration: The 2016 Top 50 Most Innovative Companies

03/06/2016Global Mobility & Immigration: The 2016 Top 50 Most Innovative Companies

New Zealand Services is a boutique agency based in Auckland providing a comprehensive suite of services to clients.

A Strategic Approach To Attract & Retain Gen Z Employees

30/05/2022A Strategic Approach To Attract & Retain Gen Z Employees

Suggested URL: strategic-approach-to-attract-retain-gen-z-employees Image Source: Pexels Engaging with employees aged under 25 is important for any organization which has ambitions for a prosperous future. And yet members of Gen Z have unique needs to meet, an

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