A pharmaceutical services provider to an underserviced market.

Overview

In 2015, Puma Private Equity invested £5 million into Welcome Health, which operates pharmacies in an underserved market.

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Key Info
Total Investment
£5 million
Location
Northeast England
Sector
Pharmacies
Involvement
2015 – 2019

About Welcome Health

Welcome Health owns and operates a series of mature pharmacies across the North East of England, focusing on providing pharmaceutical services to a currently underserviced and relatively deprived market.
During Puma’s exit, the entrepreneur behind Welcome Health refinanced the group, which facilitated the redemption of Puma’s investment.

Exit

Puma Private Equity successfully exited from Welcome Health when it successfully raised follow-on funding from another institution.