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

Focus Starts 2016 Strong by Helping its Partner Firms Close Three Mergers

25/01/2016Focus Starts 2016 Strong by Helping its Partner Firms Close Three Mergers

Focus Financial Partners (‘Focus’) today announced the closing of merger deals for three of its partner firms – Benefit Funding Services Group, Bridgewater Wealth & Financial Management and Buckingham Asset Management. The Focus partner firms are poised

7 Steps of Strategic Procurement Process

11/04/20227 Steps of Strategic Procurement Process

Many firms find maintaining the product and service quality while reducing costs a never-ending struggle. Fortunately, they can accomplish this through strategic sourcing, which is the process of continuously examining a company's purchasing practices.

The Global Face of Fraud: Mitigating Fraud Risks When Expanding Internationally

13/11/2023The Global Face of Fraud: Mitigating Fraud Risks When Expanding Internationally

Global expansion is the way forward for businesses looking to upscale in 2023 and beyond. The past few years have laid the foundation for international expansion, and now more and more merchants are embracing the opportunities.

An Arbitrator in Demand

31/08/2016An Arbitrator in Demand

Piotr Nowaczyk is an independent international arbitrator and mediator based in the Masovian District of Warsaw, Poland.

Consumer debt repayment is surging, but will the trend last?

27/07/2020Consumer debt repayment is surging, but will the trend last?

As we weather the storm of COVID-19, we’re seeing a surprising trend in the consumer market of the personal finances industry: debts are being repaid like never before. With British households holding well in excess of one trillion Pounds in debt, the beginn

Why SEO Has Become an Important Compliance Consideration for Financial Services in the Age of AI

10/12/2025Why SEO Has Become an Important Compliance Consideration for Financial Services in the Age of AI

As AI adoption accelerates, search visibility in finance is no longer dictated by traditional rankings alone. AI overviews, gen AI assistants and zero-click results now sit between customers and brand websites, reshaping how trust, authority and compliance are

Ghazanfar Bank – Best of the Best in Finance

01/11/2016Ghazanfar Bank – Best of the Best in Finance

Ghazanfar Bank serves the financial needs of a variety of commercial customers. Ghazanfar Bank was established in March 2009 serving tens of thousands of customers.

How to Build An Effective AI Ecosystem

14/03/2022How to Build An Effective AI Ecosystem

Artificial intelligence (AI) has emerged as a significant player in today's business models. More organizations are looking for ways to reduce human intervention in their operations as much as possible.

Strive, Committed, Synchronised, Inspired

01/09/2022Strive, Committed, Synchronised, Inspired

Established in 1957 as Qatar’s first registered company, Milaha began its journey as a shipping agency, and it strategically developed over the next six decades to become one of the largest maritime and logistics service providers in the region.

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