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Online social services company acquired by PE-backed group | Midlands Offers News

Richard Donner

More details have emerged of Birmingham-based Antser Group’s sale of an online specialist in adult and child social care which supports the majority of local authorities in England.

The Signis group, which operates under the tri.x brand, was taken over by One Touch, backed by August Equity.

Richard Dooner, Managing Director of Antser Holdings, said: “tri.x has been a key part of our growth trajectory since 2019 and we are proud to have offered the support it needed to secure partnerships with nearly 100 % of local authorities in England.

“We have no doubt that tri.x’s collaboration with OneTouch will open another exciting chapter for both parties and we wish them much success in the future.

“Antser Group is a key supplier in the social care sector and the team has worked hard to be a pioneer in the development and implementation of innovative and technology-driven solutions to achieve better results in the health, social care and education sectors.

Antser Group received an investment of £8.5 million from BGF in 2021 to support its long-term growth plans. Following the sale of its stake in The Signis Group, BGF will retain its stake in Antser.

Nick Holder, Investor at BGF, said: “Richard and the team at Antser have done a tremendous job building tri.x into a market-leading company. social care is a golden thread running through the group.

“BGF looks forward to continuing to support Antser in its next stage of growth, as it continues to develop and deliver innovative solutions in healthcare, social care, education and beyond. .

“We have partnered with Anster Group over the past 12 months to support the expansion of its market share in existing and adjacent markets. During this period the company has continued to perform well and we are excited about the vast opportunities growth in the future.”

A statement from Christian Dubé and Katie Beckingham, August Equity, added: “We are delighted to have invested in OneTouch and tri.x, bringing together two unique and valuable companies in the healthcare industry at a time when digitalization and technology are at the forefront of healthcare delivery.

“At August, we have a long history of investing in social care businesses and understand the challenges facing the industry and the benefits that a true end-to-end care management and compliance platform can bring to care providers. We We look forward to working with the OneTouch team to continue the strong growth of the business to date.”

Antser Group was advised by Cooper Parry Corporate Finance, Mills & Reeve (legal) and PwC (tax structuring). BGF was advised by Shoosmiths (legal).