Alantra advises Acton Banks on investment from Maven Capital Partners

Aug 2018

Sell-side advisory

Alantra has advised the shareholders of Acton Banks Limited (“Acton Banks”), a market leading UK healthcare staffing business, on their management buyout, which is backed by Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses.

The transaction, which includes an equity investment from Maven and a significant reinvestment from the senior management team, will enable Acton Banks to continue to roll-out its highly efficient operating model, further enhance its breadth and depth of service offering to existing clients, as well as expand into new territories outside the Midlands and the North West.

Dharsa Mander, CEO of Acton Banks, said: “We are really pleased to have an experienced private equity team with sector experience supporting the business; one which supports our vision of creating a much larger leading healthcare services business with an expanded geographic footprint. We are well-positioned to invest in our staff and candidates with a view to expanding our offering to the market. We have been impressed with Maven and look forward to working with them over the coming years.

Acton Banks operates a 24 hour a day, 7 day a week service, placing registered nurses and healthcare assistants throughout the Midlands and North West into nursing homes, NHS hospitals, care homes, residential homes and rehabilitation centres in both the public and private sector. Established in 2006, Acton Banks has grown to become one of the largest healthcare staffing providers in the region.

The business has seen an increased demand for its services as supply pressures and an ageing population drive the need for experienced healthcare professionals. Acton Banks’ dedicated in-house recruitment team has built-up a strong network of healthcare professionals across a range of specialisms, and has won a number contracts across both the public and private sectors.