Expanded PiC reports 7.3% increase in sales

Private equity-backed mental health service provider Partnerships in Care (PiC) has reported a 7.3% increase in revenues to £164.1m for the year ended 31 December 2008.Chairman Kevin Beeston said that the strong trading performance had continued year on year since Cinven acquired the company for £552m in 2005, and was all the more impressive in…