Healthcare and Public Services
In July 2016, STAR completed the acquisition of Synergy Health Managed Services Limited (“Synergy LMS”) from Steris Plc. This was the first acquisition made by the STAR III Fund.
Synergy LMS was created in 1996 and provides a range of sterile linen and laundry management services to hospitals and other healthcare providers throughout the UK including NHS Acute Trusts, private hospitals, Ambulance Trusts and Healthcare and Community Trusts. Synergy LMS owns three specialised facilities in Derby, Sheffield and Dunstable.
STAR’s aim is to support the continued growth of the business both organically and through acquisitions, by investing in additional capacity, continuously improving operating efficiencies and by exploring adjacent markets and services.
Important Notice: we have become aware that an organisation with a similar name has been targeting individuals in the UK through unsolicited calls to make cryptocurrency investments. Our firm, STAR Capital Partnership LLP, does not engage in this type of activity. Please see here for information on how to protect yourself from financial fraud and, if you have fallen victim to it, please report it to the UK Financial Conduct Authority by telephone or email: https://www.fca.org.uk/consumers/protect-yourself-scams.