Corporate Finance

FRP source funder to support Antser growth

New lender backs health and social care specialist’s innovative platform

Background

Antser is an innovative business support and transformation services provider to the social care, healthcare and education sectors. The company was formed by the merger of several social care businesses in 2018, with the goal of delivering positive change by combining innovative technology with human-centred service solutions. Following the formation of One Antser, the company’s senior team required debt funding to help to develop Antser Insights, a new data insights solution for health and social care providers. The platform is an intuitive, self-serve software solution that will enable partners to understand local, regional and national trends or service issues on both an actual and predictive basis.

Action

Antser sought the advice of FRP’s Corporate Finance and Debt Advisory teams to help secure growth capital that recognised the favourable market dynamics and provided maximum flexibility. As well as the logistical issues presented by the COVID-19 global pandemic, this was a complex transaction for many lenders, given the relatively recent formation of the group and the technical nature of the Antser Insights solution. Our team used FRP’s national networks to introduce a selected list of funders to Antser ranging from traditional high street lenders to alternative debt providers, ensuring that the company’s management had a number of flexible options and could find a partner that aligned closely to their growth ambitions.

Outcome

Our team were able to source and secure a new, flexible £4.15 million term loan through an alternative lender that has extensive experience of delivering complex transactions and supporting growth businesses. The company has now embarked on building and delivering the Antser Insights solution, which will provide clients with an industry-leading solution supporting informed, proactive planning and delivery of vital services for vulnerable children, adults and families.

We sourced a flexible loan through an alternative lender with extensive experience in supporting growth businesses. Fahim Kassam Corporate Finance

Related team

Fahim Kassam

Fahim Kassam

  • Senior Manager
  • Corporate Finance
  • Birmingham

Tom Cox

Tom Cox

  • Partner
  • Debt Advisory
  • London

Gary Hyem

Gary Hyem

  • Director
  • Corporate Finance
  • Birmingham