August Equity LLP has made a commitment of £23m to fund the merger of Active Assistance and First Call Care Services Limited, an existing portfolio company, and subsequent acquisitions.
Sevenoaks, Kent-based Active provides a national live-in care service for adults and children with spinal cord injuries and neurological conditions. Many of its clients are tetraplegics, requiring a constantly high level of care from live-in personal assistants.
First Call, headquartered in Billericay, Essex, with a particular focus on the South East of England, provides a live-out care service to children and adults with a wide range of clinical conditions including spinal injury, cerebral palsy, forensic behaviours, learning difficulties and mechanical ventilation.
In conjunction with the transaction, which represents August Equity’s fifth investment from August Equity Partners II, Aatif Hassan and Philip Rattle will join the board as non executive directors.