August Equity has announced its investment into OneTouch. Led by founder and CEO Dermot Clancy, OneTouch is an end-to-end care management software platform that supports the management of all care delivery needs, from client and carer scheduling, HR management, incident tracking, care planning and family communications for care providers across Ireland and the UK.
August’s investment provides funding for the business to support its ambitious growth plans, including investment into sales and marketing, further product development and funding for strategic acquisitions that bring highly complementary software and service offerings to the group to benefit OneTouch’s customer base of care providers, including homecare agencies, care homes, local authorities and specialist care providers. Dr Sati Sian joins the board as Chairman, bringing a depth of experience across the technology and healthtech space.
As part of the investment, OneTouch has acquired Signis Limited, which trades under the tri.x brand and has been carved out from BGF-backed Antser Holdings. Tri.x is the market leader in the provision of effective online adult and children’s social care procedures solutions, supporting all Local Authorities and a number of independent care providers across England, and provides a highly complementary content-based offering to OneTouch’s software platform.
OneTouch and tri.x together offer care organisations a wealth of content, functionality and digital tools to support carers to deliver the highest quality care to clients, communicate easily with clients and families and ensure that carers have the maximum visibility and flexibility over their work schedules.
Christian Dubé and Katie Beckingham, August Equity, commented, “We are delighted to have invested in OneTouch and tri.x, bringing together two unique and valuable businesses in the care sector, at a time when digitisation and technology is at the forefront of care delivery. At August, we have a long history of investing in social care businesses and understand the challenges faced by the sector and the benefit that a truly end-to-end care management platform and compliance platform can bring to care providers. We look forward to working with Dermot, Sati and the team to continue the strong growth of the business to date.”
Dermot Clancy, CEO of OneTouch, said, “We are really excited for the next stage of OneTouch’s growth with August’s backing and experience scaling businesses and delivering acquisitions. Bringing tri.x into the OneTouch group provides our customers with a fantastic resource of policies, procedures and best-practice handbooks, which is a great addition to the software offering and functionality that we have built to support them in delivering the highest quality and most efficient care to their clients.”
Dr Sati Sian, Chairman of OneTouch, added, “Given the already proven unique assets that OneTouch and tri.x bring to the care sector, combined with August’s successful history of supporting businesses in the sector, I am really looking forward to working with Dermot and his excellent management team in driving OneTouch to its next stage of growth.”
August Equity was advised by CMS (legal), KPMG (financial and tax), CIL (commercial), Lockton (insurance), and Xaeus Blue (technology).
