Tunstall is the European market leader in the provision of telecare systems, principally for use by the elderly and infirm. It comprises a number of activities: alarms linked to call centres for individuals and assisted environments such as care homes; software for use by monitoring centres to respond to alarms raised; the operation of call centres on behalf of local authorities; and support services.
|Aquisition||2005||Taille des opérations||€191m|
At completion, Bridgepoint combined Tunstall with the telecare division of Attendo Group, the Nordic market leader in the operation of elderly care homes and services that it had acquired in February 2005. Bridgepoint, already familiar with the sector through its investment in Attendo, was attracted by Tunstall's strong revenue and profit growth track record, favourable long-term demographics across Europe and an impressive management team capable of exploiting and developing growth markets.
In March 2008 Tunstall was acquired by Charterhouse in a transaction totalling €667 million. Bridgepoint subsequently reinvested part of its proceeds to take an 18% stake in the business.
To learn more about the company, visit www.tunstall.co.uk