Close Venture Management (CVM) has sold its interests in Applecroft Care Home Ltd in Dover, Kent and Barleycroft Care Home Limited in Romford, Essex, to its partner in the investments.
Investindustrial sells its remaining stake of 4.12% in the company, fully exiting the investment
Following the deal, CCV Schweiz will be integrated with Concardis Schweiz, which is part of Nets Group
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Exit from Rutland Fund III realises a return of 5.7x on the original cost of the investment