August Equity managed funds have committed £23 million to fund the merger of Active Assistance (“Active”) and First Call Care Services Limited (“First Call”), an existing portfolio company, and subsequent acquisitions.
Active, based in Sevenoaks, Kent, 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, based 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.
Charles Auld was introduced by August Equity as chairman. He is also chairman of Enara, an existing August Equity portfolio company, and formerly CEO General Healthcare Group.