Duke Capital Takes Majority Stake in Tristone Healthcare with £3m Follow-On Investment

Duke Capital ( (GB:DUKE) ) has issued an update.

Duke Capital Limited has made a £3 million follow-on investment in its existing partner Tristone Healthcare, a specialist provider of residential, nursing and domiciliary care for high-acuity adults with complex needs and for children and young people requiring care, support and specialist education. The new funding will increase Duke’s equity stake in Tristone from 28.4% to a 51% majority holding and provide additional credit financing, taking total credit support to £24.3 million on unchanged terms with a 13.5% yield. The capital injection is designed to give Tristone sufficient liquidity to meet deferred consideration obligations from prior bolt-on acquisitions and to support continued expansion, following a period in which management has increased residential capacity from 200 to more than 250 places and delivered record monthly revenues, thereby deepening Duke’s exposure to a growing healthcare platform while reinforcing income visibility for its own shareholders.

The most recent analyst rating on (GB:DUKE) stock is a Hold with a £30.00 price target. To see the full list of analyst forecasts on Duke Capital stock, see the GB:DUKE Stock Forecast page.

Spark’s Take on GB:DUKE Stock

According to Spark, TipRanks’ AI Analyst, GB:DUKE is a Neutral.

Duke Capital’s overall stock score is driven by a stable financial foundation and positive technical indicators, despite challenges in revenue and profitability. The company’s strategic acquisitions and high dividend yield provide additional support for the stock’s attractiveness. However, the high P/E ratio and declining revenue are notable risks.

To see Spark’s full report on GB:DUKE stock, click here.

More about Duke Capital

Duke Capital Limited is an AIM-listed provider of hybrid capital solutions for small and medium-sized business owners across Europe and North America, offering long-term financing structures that blend features of equity and debt. Since 2017, the Guernsey-headquartered firm has focused on delivering attractive risk-adjusted returns through capital preservation, dividend yield and upside on exits, positioning itself as an alternative to traditional refinancing- and exit-driven funding models.

Average Trading Volume: 756,422

Technical Sentiment Signal: Buy

Current Market Cap: £146.9M

Learn more about DUKE stock on TipRanks’ Stock Analysis page.