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

Ciena Acquisition of Certain TeraXion Assets

19/01/2016Ciena Acquisition of Certain TeraXion Assets

Ciena® Corporation, the network specialist, has entered into a definitive agreement with TeraXion Inc. to acquire its high-speed photonics components (HSPC) assets for approximately USD $32 million (CAD $46.6 million) in cash.

What are the Most Crypto-Friendly Countries in the World?

17/01/2022What are the Most Crypto-Friendly Countries in the World?

Do you know which countries are the most crypto-friendly? Read on to find out.

People’s Bank of Zanzibar successfully deploys Bank-BI® AML from Pio-Tech

05/11/2019People’s Bank of Zanzibar successfully deploys Bank-BI® AML from Pio-Tech

Pio-Tech the leading provider of Banking Business Intelligence and Performance Management Solutions in the Middle East and East Africa announces the successful completion of Bank-BI® AML project, which went live recently at People’s Bank of Zanzibar.

Holding Property Owners Accountable: The Role of a Premises Liability Attorney

27/11/2023Holding Property Owners Accountable: The Role of a Premises Liability Attorney

Accidents can occur anywhere, often due to property owner negligence. Seeking justice after an injury on private property can be challenging. Experienced Oklahoma City Personal injury attorneys comprehends property owners’ safety obligations. They excel

2016’s Most Innovative Hedge Fund Manager, Luxembourg

30/06/20162016’s Most Innovative Hedge Fund Manager, Luxembourg

Specialising in both, open-ended investment funds and related private equity fund transactions, Carlisle Management Company is a holistic alternative investment manager, assuming a wide range of tasks over the entire life cycle of the investment

A Most Effective Way to Finance Working Capital

13/02/2024A Most Effective Way to Finance Working Capital

With a portfolio of more than 15,000 happy customers relying on it to aid in the optimisation of their working capital and the reduction of risk to their supply chains, eFactor Network SAPI de CV boasts a state-of-the-art financing platform that improves overa

(UK) Unemployment Back to Pre-Crisis Levels

20/04/2015(UK) Unemployment Back to Pre-Crisis Levels

The last official data on employment and earnings before the general election revealed that unemployment has fallen by 76,000 to 1.84m, pushing the unemployment rate down to 5.6%.

Keeping Up With Demands – Is it Time to Outsource Your Delivery Service?

08/09/2022Keeping Up With Demands – Is it Time to Outsource Your Delivery Service?

The success of any business depends on a series of factors that converge toward one big goal - customer satisfaction. But, in order to learn what works and doesn’t, managers need to constantly optimize and reassess the current status

07/09/2020Tesco Mobile Reveals New Brand Identity

Tesco Mobile has revealed today a brand redesign to revitalise the brand expression and to align it more closely with the wider Tesco family. The UK mobile network’s new brand look and feel includes a refreshed logo and the use of bold brand colours and ener

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