6th Aug 2014 07:55
LONDON (Alliance News) - HgCapital Trust PLC Wednesday said it is set to realise GBP8.4 million in cash proceeds after its manager, European private equity investor HgCapital, said it is to sell health and social care support provider Voyage Care to a consortium.
According to a statement, a consortium of Duke Street, the European mid-market buy-out sector specialist, Partners Group, the global private markets investment manager, and Tikehau, the multi-asset class investment manager, are buying Voyage Care for GBP375.0 million.
Voyage Care provides residential services and supported living for people with learning disabilities, associated physical disabilities, autistic spectrum disorders, acquired brain injuries or other complex needs.
HgCapital Trust shares were Wednesday quoted down 0.4% at 1,033.70 pence.
By Samuel Agini; [email protected]; @samuelagini
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