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 Digital Magazine Marketing Strategies Help Your Business Reach the Maximum Audience

11/01/2024How Digital Magazine Marketing Strategies Help Your Business Reach the Maximum Audience

How Digital Magazine Marketing Strategies Help Your Business Reach the Maximum Audience Today’s digitally-driven world offers a creative and practical way to reach a large audience: digital magazine marketing. This marketing tactic makes digital magazine

ARX Equity Partners completes sale of Fincentrum to Swiss Life

25/10/2018ARX Equity Partners completes sale of Fincentrum to Swiss Life

Further to regulatory approval, ARX Equity Partners / https://www.arxequity.com (“ARX”) has successfully completed the exit of its investment in Fincentrum / https://www.fincentrum.com, a leading, independent financial advisory business operating in the Cz

Striving for Perfection

13/02/2017Striving for Perfection

SARC is a firm with 17 senior partners and a pan India presence with foot prints in London and Toronto. To win the 2017 Ones to Watch in Consultancy award is of course a great honour, one feels great and on top of the world.

Cybersecurity Awareness 101: How To Educate Your Employees To Stay Safe

18/11/2022Cybersecurity Awareness 101: How To Educate Your Employees To Stay Safe

Cybersecurity is becoming a critical issue globally, given the heavy Internet usage for businesses. Hackers find it easy to crack into your system and acquire sensitive information. In fact, during the second quarter of 2022, there were approximately 52 millio

What works best: HTML email marketing or plain text?

15/06/2022What works best: HTML email marketing or plain text?

Email marketing is a powerful tool to reach more people, increase engagement, and generate more leads. There are two ways to send an email to your marketing list, one is to spruce it up using HTML and the other is to keep is simple with plain text. Which one w

CBDCs Around the World: A Glimpse at 4 Global Ventures

26/02/2024CBDCs Around the World: A Glimpse at 4 Global Ventures

CBDCs Around the World: A Glimpse at 4 Global Ventures In the not-so-distant future, when you go shopping, you won’t spot cash registers at the checkout. Shoppers will be using smartphones and contactless cards, ushering in the era of digital financial t

Safety Made Simple

22/03/2023Safety Made Simple

Detecting a range of dangerous gases in the atmosphere, gas detectors are an essential part of safety equipment and are a requirement to meet CO2 storing compliance codes.

Placing Ethical and Human Values at the Heart of all Relationships

30/08/2019Placing Ethical and Human Values at the Heart of all Relationships

UrbanLaw Avocats provides legal advice and assistance to public entities (national or local), as well as major French and international groups. Following their success in AI’s Global Excellence Awards 2019 where they were selected as the Best Urban Planning

Agile. Integrated. Transformative.

08/08/2022Agile. Integrated. Transformative.

Jesta I.S. is a global developer and supplier of integrated cloud-based software which is 100% focused on manufacturers, wholesalers, and retailers specializing in fashion apparel, footwear, housewares, and consumer discretionary industries.

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