Arma Partners: Arma Partners advises Montagu on sale of Servelec to The Access Group

Arma Partners advises Montagu on sale of Servelec to The Access Group Submitted 01/09/2021 - 3:42pm Arma Partners has acted as exclusive financial advisor to Montagu, a European private equity firm, on the sale of Servelec, a software provider to healthcare and local authorities based in the UK, to The Access Group. Headquartered in Sheffield, Servelec develops mission-critical software solutions, with an extensive product portfolio including systems for electronic patient records, social care case management, schools' admissions, youth services reporting and patient flow and bed management. The company is a trusted supplier to more than 45 NHS trusts and over 150 local authorities, providing an integrated approach across social care, healthcare, and education. After a public-to-private transaction in 2018 led by Montagu, Servelec has successfully divested two non-core divisions, completed two complementary acquisitions and invested significantly to strengthen the team and enhance its health and social care products. As a leading provider of business management software to mid-sized organisations, The Access Group represents a clear strategic and cultural fit for Servelec to support the combined companies' customer base and their vital role in the community. This transaction underscores Arma Partners' deep sector expertise in the Digital Health segment and our track record of successfully orchestrating transactions for private equity-backed category leaders. Like this article? Sign up to our free newsletter Author Profile Related Topics Deals & Transactions Exits Healthcare & Life Sciences