Lone Star weighs up IPO of £500m care home portfolio

Care home

The 6,000-plus-bed portfolio includes homes from the Quercus fund bought from Aviva Investors in 2016.

The US private equity firm, which is also thought to be exploring a trade sale, has appointed Numis Securities to advise on the potential stock market flotation.

If the IPO goes ahead, Layland Walker will manage the 6,000-plus-bed portfolio, which is believed to include homes from the Quercus fund, bought from Aviva Investors in 2016 for £250m.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now