Investor backs healthcare group’s acquisition ambitions with £20m commitment
Healthcare provider Tristone has secured a £10.5m investment from Duke Royalty in a partnership that aims to grow the business quickly through acquisitions.
Tristone provides specialist care to two groups - care leavers and severely-disabled adults - and has acquired three specialist care businesses since it launched six years ago.
It has a "growing pipeline of bolt-on transactions" which Duke is lined up to fund over the next 18 months, with a further £9.5m available.
Yannis Loucopoulos, chief executive of Manchester-based... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
