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HgCapital begins retreat from care sector

European buyout firm sells health and social care support provider at a loss

HgCapital has sold one of its healthcare companies at a loss, marking the European buyout firm’s first exit from the sector since disbanding its healthcare team and shifting its focus away from the care sector.

The London-based firm said on Wednesday that it has sold health and social care support provider Voyage Care to Swiss private equity firm Partners Group, UK buyout firm Duke Street and French debt investor Tikehau Group for £375 million.

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