KCP exits investment in Nurse Plus with secondary MBO
5 January 2015
Private equity firm Key Capital Partners (KCP) has sold its stake in staffing agency Nurse Plus through a secondary management buyout (MBO), selling the stake in the recruiter to another private equity firm.
Mon, 5 Jan 2015
Private equity firm Key Capital Partners (KCP) has sold its stake in staffing agency Nurse Plus through a secondary management buyout (MBO), selling the stake in the recruiter to another private equity firm.
The firm invested £6.5m in the agency in an initial MBO in June 2012, gaining a large minority shareholding.
It was announced today [5 January] that private equity specialist Sovereign Capital funded the secondary MBO.
Canterbury-based Nurse Plus specialises in domiciliary care services and providing flexible staffing solutions for care homes and hospitals.
Nurse Plus chairman Stewart Rogers will continue on the board as a non-executive director following the deal.
The price of the deal was not disclosed.
Private equity firm Key Capital Partners (KCP) has sold its stake in staffing agency Nurse Plus through a secondary management buyout (MBO), selling the stake in the recruiter to another private equity firm.
The firm invested £6.5m in the agency in an initial MBO in June 2012, gaining a large minority shareholding.
It was announced today [5 January] that private equity specialist Sovereign Capital funded the secondary MBO.
Canterbury-based Nurse Plus specialises in domiciliary care services and providing flexible staffing solutions for care homes and hospitals.
Nurse Plus chairman Stewart Rogers will continue on the board as a non-executive director following the deal.
The price of the deal was not disclosed.
