Member Article

Tristone Capital expands team with senior hire

Tristone Healthcare – the buy and build social care investment group – has bolstered its senior leadership team with the appointment of John McCooey.

John, who joins from Amelia Knight Group, has more than 25 years’ experience in finance and commercial director level positions, with particular expertise in operational and strategic financial management, improving profitability and business efficiencies, together with acquisition, divestment, and business integration. He will take on the role of Commercial Director at Tristone and be responsible for driving commercial excellence within the existing portfolio, as well as supporting the M&A team to integrate new businesses into the portfolio.

Yannis Loucopoulos, CEO of Tristone Capital, said: “We’re delighted to welcome someone of John’s calibre to the group, as we look to build on the successes of the last 12 months. In that time, we have strengthened our financial position and investment potential, while expanding our portfolio of care businesses, with a long term, care-centric focus which prioritises delivering outstanding care and support.

“John has a fantastic track record of helping to develop and realise a business’s financial and commercial potential and we’re confident his knowledge and experience will help us to lay the foundations for future growth.”

His arrival follows an active H1 for the company, which includes the acquisitions of Beyond Limits (Plymouth) Ltd and Essex-based Seaside Care Homes Ltd.

John commented: “The opportunities and potential that exist at Tristone are very exciting and the ethos and values that drive the business forward are very much aligned with my own. I’m looking forward to this new chapter with Yannis, Phil, Rob and the wider Tristone team.” Commenting on the sector, he said: “The social care sector has been under scrutiny for several years and faces a considerable shift as review-led recommendations are drip-fed into the industry. Tristone’s community of businesses is perfectly positioned to adapt and embrace these changes, thanks to the support and structure that underpins the Tristone model.” At the end of 2021, Tristone received £20 million of funding from Duke Royalty to support its long-term growth ambitions. The capital has been used to refinance Tristone’s existing facilities, as well as supporting current investments and future acquisitions.

This was posted in Bdaily's Members' News section by Ian Jones .