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Sovereign Capital

Sovereign Capital has backed a £20m management buy-out at Euro Environmental Group, the drains cleaning firm with 200 staff at nine sites across Scotland and England.

Sovereign Capital Partners has acquired Alkare, the Swansea-based provider of mental health care with 120 staff, and now plans to open further homes and therapy centres in Wales.

Sovereign Capital has completed the £22m institutional buy-out of Herts Care Group, the provider of crisis care homes for children and young people.

Sovereign Capital has acquired DC leisure Management, the operator of more than 100 local authority leisure centres with 6,800 staff, for £14m.

Sovereign Capital has acquired Laurel Management Services, the operator of 29 funeral homes in the Midlands, Kent, Hampshire and Hertfordshire, for £21m.