Duke Royalty Ltd - Europe and North America-focused alternative capital solutions provider - Announces a follow-on investment of £1.8 million into its existing partner Tristone Healthcare Ltd. Says the fund will facilitate Tristone’s latest acquisition of South West Intervention Services Ltd. This increases Duke’s total investment in Tristone to £19.4 million.
Duke Royalty Chief Executive Neil Johnson says: ‘I’m excited to see Tristone further strengthen its position in the social care sector via the acquisition of SWIS. Given the outstanding level of care that they provide, SWIS is a natural fit for Tristone, and will also add new specialisms to Tristone’s expanding portfolio.’
Current stock price: 31.88 pence, up 0.3% on Monday
12-month change: down 8.9%
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