The Access Group acquires Oysta, enhancing digital care

Thursday 17th August, 2023

Marriott Harrison was pleased to advise the shareholders of Oysta Technology Ltd, the care tech provider on their sale to The Access Group, one of the largest UK-headquartered providers of business management software.

Oysta Technologies operates in the UK and Spain, specialising in care tech solutions aimed at promoting safe and independent living, relieving pressure on health and social care systems. The strategic acquisition allows The Access Group’s division of Access Health, Support and Care to incorporate additional technology creating solutions for the NHS and local government to plan for long-term challenges and create targeted care provisions.

Mario Zuccaro Founder of Oysta Technology commented, “Having worked with Ian Morris since 2019, Marriott Harrison were the obvious choice for the shareholders when selecting lawyers to act on our exit. The transaction, which involved the near simultaneous acquisition of Oysta’s Spanish distributor and the exit, had complex UK and Spanish tax and legal issues. The problem solving abilities of the Marriott Harrison team combined with the collaborative approach that they were able to take when dealing with both Spanish lawyers and the buyer’s lawyers was key to the ultimate success of the transaction. I couldn’t recommend the Marriott Harrison team more highly for complex sale processes of UK private companies.”

Ian Morris was pleased to lead the MH team which included David Baverstock and Lisle Gannon (Corporate) and Ed Belam (Employment) furthering our healthcare credentials. Oysta Technology was also supported by Grant Thornton UK LLP’s Corporate Finance team which included Peter Jennings, Ryan Shields and Soleiman Ben Sufia.

#healthtech #caretech #mergersandacquisitions

Articles by Ian Morris