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Foresight Vct ( (GB:FTV) ) has provided an update.
Foresight VCT Plc has announced the successful sale of Hospital Services Group Limited, a healthcare equipment distributor and service provider in Ireland, Northern Ireland, and Great Britain. The sale has generated £26.2 million, with a potential additional £1.0 million, reflecting a significant return on investment. The proactive management by Foresight Group LLP led to substantial growth in HSL’s operations, including a sixfold increase in headcount and a ninefold rise in revenue. This transaction underscores Foresight VCT’s effective strategy in supporting and growing portfolio companies, enhancing their market position in the healthcare industry.
More about Foresight Vct
Foresight VCT Plc is involved in the investment industry, providing financial support and strategic guidance to companies, with a focus on enhancing value through acquisitions and organic growth.
YTD Price Performance: 0%
Average Trading Volume: 39,987
Technical Sentiment Consensus Rating: Strong Sell
For an in-depth examination of FTV stock, go to TipRanks’ Stock Analysis page.
