In 2015, Puma Private Equity invested £5 million into Welcome Health, which operates pharmacies in an underserved market.

Welcome Health owns and operates a series of mature pharmacies across the North East of England, focusing on providing pharmaceutical services to a currently underserviced and relatively deprived market.

During Puma’s exit, the entrepreneur behind Welcome Health refinanced the group, which facilitated the redemption of Puma’s investment.

Puma Private Equity successfully exited from Welcome Health when it successfully raised follow-on funding from another institution.