Specialist domiciliary care company Tristone Healthcare has expanded with the acquisition of a South West care home operator after securing a £2.3m follow-on investment from Duke Royalty.
A Manchester IT firm has expanded its reach into the North East with its latest acquisition.
InTec has secured £1.65m follow on investment from Duke Royalty, the Aim-listed provider of royalty finance, to fund its acquisition of Opal IT, an IT managed services business headquartered in Newcastle.
InTec Business Solutions has acquired companies based in Ireland and Scotland, supported by a follow-on investment of £2.45m from Duke Royalty.
Based in Manchester, InTec is an investment holding company created to execute a buy and build strategy of synergistic companies within the IT managed services sector. Last year the busness entered into a £7.7m royalty financing agreement with Duke Royalty.
Investor Duke Royalty has made a further £5.3m investment into a Uttoxeter importer and distributor of motorhome, caravan and camping accessories.
Healthcare provider Tristone has secured a £10.5m investment from Duke Royalty in a partnership that aims to grow the business quickly through acquisitions.
Royalty capital provider Duke Royalty announced on Thursday that it has completed the follow-on investment of £4.2m into its existing royalty partner Bakhchysarai Ireland (BIL).
Britain’s only listed royalty-finance company chooses its clientele wisely, making it a compelling income play.
A Dublin-based IT contracting and talent acquisition business has been acquired by a group executing a buy and build strategy of companies within the Irish/UK recruitment sector.
Vantage Resources sources specialist IT professionals on medium to long term contracts to a range of major Irish organisations.
The business has been snapped up in the latest acquisition by Bakhchysarai (Ireland) Ltd (BIL), whose capital partners are Duke Royalty and Bank of Ireland.
Duke Royalty (LON: DUKE) has produced record results and once it invests the cash raised earlier this year the income should increase significantly. That means that dividends will rise as well.
