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

Virtusa Completes Acquisition of Majority Interest in Polaris Consulting & Services, Ltd

03/03/2016Virtusa Completes Acquisition of Majority Interest in Polaris Consulting & Services, Ltd

Virtusa Corporation (NASDAQ GS:VRTU) today announced that its India subsidiary, Virtusa Consulting Services Private Limited, has acquired all of the outstanding shares of Polaris Consulting & Services, Ltd.

Construction Lawyer Reaches New Heights

14/04/2020Construction Lawyer Reaches New Heights

Law is an arena in which experience and expertise can provide a cutting edge over the competition. In construction law today, being knowledgeable about everything from planning to completion is a necessity. Bringing all of that and so much more to the table is

Valuation Knows no Boundaries

31/07/2016Valuation Knows no Boundaries

PEM Corporate Finance is an M&A and business valuations firm based in Cambridge, England. We’re part of Kreston International – the 10th largest global network of independent accounting firms. We advise SMEs on M&A, buyouts, business valuations, succession

Read this month’s CPD Accredited Article to gain CPD Points

01/06/2016Read this month’s CPD Accredited Article to gain CPD Points

Read this month's CPD Accredited Article to gain CPD Points.

CVC Capital Partners Acquisition of PKP Energetyka

03/08/2015CVC Capital Partners Acquisition of PKP Energetyka

CVC Capital Partners Acquisition of PKP Energetyka

Cambian Group Acquire By the Bridge Group for £36 million

01/04/2015Cambian Group Acquire By the Bridge Group for £36 million

The Cambian Group, one of the UK’s leading providers of specialist care and education, has acquired By the Bridge.

The Dos And Don’ts Of Sending Money To Canada

12/08/2022The Dos And Don’ts Of Sending Money To Canada

Digitization has led to the development of smart ways of executing operations. Different industries benefit from digitization, and one of them is banking. Previously, you had to visit your bank physically to access your money. Today, you have a more convenient

Ideal Wellness & Accountability Solution

13/08/2019Ideal Wellness & Accountability Solution

knowRX™ is a mobile online application that monitors, schedules and provides feedback on drug usage (prescription and over the counter medicines) for both consumers and designated medical organizations.

Improving Your Physical Store Layout- 4 Design Principles to Apply

09/09/2024Improving Your Physical Store Layout- 4 Design Principles to Apply

Improving Your Physical Store Layout: 4 Design Principles to Apply An effective store layout plays a vital role in shaping the overall shopping experience and directly influences several key aspects of retail performance. The most well-designed layout will mak

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