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Announced

Completed

August Equity completed the acquisition of Tri.x.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

social care

Health Care Services

Friendly

Cross Border

Ireland

Acquisition

Private

Private Equity

Majority

Completed

Synopsis

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August Equity, a private equity firm, completed the acquisition of Tri.x, an online adult and children’s social care procedures solutions provider. Financial terms were not disclosed. “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,” Christian Dubé and Katie Beckingham, August Equity Directors.

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