On the 28th of February 2023, The Montreux Fixed Yield Fund completed the acquisition of Zero Three Care (ZTC), previously ‘Project Sycamore’, an Essex based business specialising in providing high quality care for young adults with learning disabilities and complex needs.

Zero Three Care trade in 10 registered care homes and 2 supported living locations, with 76 beds operating at c.88% occupancy. ZTC boasts excellent regional relationships with commissioners and a referral base extending into the London boroughs, making this business a leading provider of its type in Essex. With a strong track record of financial performance and a forecast EBITDAM of c£3.6m for the current year, there is excellent scope for future onward growth for this care provider.

With Montreux’s expertise, the business is seeking to achieve growth by expanding its property base through development. As the group boasts strong growth potential, Montreux will support and enhance this plan using its deep knowledge of the care space.

Oliver Harris, Founder and CEO, Montreux Capital Management stated: “This is a new asset for the Montreux Fixed Yield Fund and charts the next chapter in the Fund’s growth. This high quality asset will enable the Fund to deliver a stable yield to our investors whilst the business develops and grows further. As the Fund grows, we expect to add other assets to the portfolio which we will update investors on shortly.”

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The content of this webpage should not be construed as financial advice. Any decision to invest should be made only on the basis of the relevant documentation for each investment. Past performance is not necessarily a guide to future performance. The value of an investment may go down as well as up and investors may not get back the full amount invested. Investments in small unquoted companies carry an above-average level of risk. These investments are highly illiquid and as such, there may not be a readily available market to sell such an investment. Montreux Capital Management do not provide specific individual advice on the suitability of investments with regard to a potential investor’s individual circumstances, risk tolerance or investment objectives and investors should seek independent financial advice if they are in any doubt whether a product is suitable for them.

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