Equitix was supported in the deal by fellow infrastructure investment group Community Solutions Investment Partners, which already owns stakes in 65 community developments.
“This acquisition places Equitix as a significant private sector partner in this specialist sector which fits very well into the wider PPP portfolio we have built up over recent years,” said Hugh Crossley, chief investment officer at Equitix.
Last year, Equitix and Community Solutions acquired Accent Group’s Lift portfolio of Bradford & Airedale and Durham and Tees.