Development capital fund management company Bestport Ventures LLP has invested £1m in domiciliary provider Rose Optical Services Group.
The initial commitment of development capital by Bestport is the first step in a plan to build the business into a significant presence in the mobile optical services market. Rose is described as a fast-growing provider of optical services to the elderly immobile in their homes and care homes.
Ole Bettum, managing partner of Besport, said: 'The provision of optical services to the elderly is an interesting niche segment of the healthcare services market. We have been tracking both the sector and Rose for some time and our investment in a well-managed business provides an excellent platform for rapid growth in this area.'
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