Mills & Reeve advises on sale of Antser Group

The corporate team at the Mills & Reeve Birmingham office acted for the majority shareholders at Antser Group which is a leading tech-driven provider of assessments and social care training. 

The deal saw long-term investor The Martin James Group sell its stake in the group alongside BGF, which exited the group after originally investing £8.5 million in Antser Group in September 2021. The latest transaction follows on from a partial sale to August Equity backed OneTouch in 2022.

Birmingham-based Antser Group has two strands to the business – Carter Brown and Antser Learning. Carter Brown is the UK’s leading provider of independent psychological, psychiatric and social work assessments for child-related safeguarding. Antser Learning is a VR-led ‘behaviour change’ training tool for front-line children’s care practitioners. It enables learners to experience the impact of trauma through the eyes of children and young people.

The sale was part of a management buy-out led by Antser chief executive officer Richard Dooner and backed by YFM, and will fund further development of Antser’s people proposition, new service offerings and strategic acquisitions to accelerate growth.

Mills & Reeve corporate partner, Ryan Hawley who led the team advising Antser Group, said: “We've very much enjoyed working alongside the Antser team over the past 3 years and beyond. The really strong management team and extremely supportive shareholder base has really helped Antser to grow and develop – we're sure that with YFM’s backing it will continue to build on its successes.”