MML has exited its investment in The Regard Partnership, with The Montreux Healthcare Fund taking a majority stake in the business with support from Macquarie Lending. This provides MML with another strong exit from its portfolio realising a 2.8x return on its investment.
The Regard Partnership has achieved the coveted ‘Investors in People’ Silver Award. The Silver Award has been awarded to fewer than 600 organisations in the country, and less than 3% of all organisations involved in the Investor in People initiative.
MML portfolio company Regard Group has appointed Sandie Foxall-Smith as its new Chief Executive Officer to lead its planned growth strategy.
MML Capital Partners (“MML”) announced today that it has completed a refinancing of the Regard Partnership Limited (“Regard”). This follows MML’s initial investment in Regard in April 2007.