LGV gears up for fundraising after buyout famine

LGV Capital, the UK mid-market buyout house formerly known as Legal and General Ventures, has completed two exits in the healthcare sector this week and is gearing up for renewed fundraising following a “cautious” year during which it avoided making any new acquisitions, according to its chief executive.

LGV sold Classic Hospitals, a cluster of private acute care hospitals, and Verna Group, a manufacturer and distributor of infection control products this week.

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