Loughborough-based The Access Group has acquired Oysta Technology Ltd. This strategic purchase enables the Access Health, Support and Care (HSC) division to incorporate additional technology that bridges the gap between health and social care.
Established in 2008 and operating in the UK and Spain, Oysta Technology specialises in care technology solutions aimed at promoting safe, independent living and relieving pressure on health and social care systems. Their digital care platforms facilitate effective decision-making, prioritisation and personalised care, to deliver better individual outcomes.
Access HSC is a software provider for health, local government and care organisations. The acquisition of Oysta will further enhance its ecosystem of software solutions designed to help the NHS and Local Government plan for long-term challenges and targeted care provision.
Steve Sawyer, Managing Director of Access Health, Support and Care, said: “Welcoming Oysta into the Access family reflects our strategy of continuing to make a real difference in the provision of technology enabled care.
“Oysta combine cutting-edge technology with user-friendly devices that supports an individual’s independence and gives them the freedom to live their lives or carry out their job with the reassurance that help is at hand should they need it.
“The addition of the Oysta product range means that we lead the way in the provision of powerful care and support solutions for use in home and in business. Combined with Access Assure and alongside other Access HSC solutions, we can better support healthcare professionals and family members take a much more proactive and preventative approach to digital care and offer much more in the way of truly personalised care.“
Founder of Oysta, Mario Zuccaro said: “Over 17 years ago, I embarked on a journey to foster inclusivity, improve the lives of Vulnerable Independent People (VIPs) and transform the care delivery paradigm. I am convinced that Access is the ideal partner to realise Oysta’s mission.
“Together, we will prioritise the safety of VIPs both at home and on the go, empower social care teams with informed decision-making, facilitate preventative care and bridge the gap between health and social care.”
Oysta currently collaborates with a wide range of partners in the UK and Ireland, including Local Authorities, Social Care Providers, Housing Associations, Care Homes and NHS Trusts, to efficiently manage immediate and long-term care needs.
Steve Sawyer continued: “We look forward to working alongside the Oysta team to facilitate safer patient discharges, reduce delayed transfers of care and lower overall care costs.
“Leveraging the digital intelligence offered by the IntelliCare™ platform, we aim to minimise ambulance callouts and hospital admissions through our 24/7 service. Together, we are in an excellent position to drive a significant transformation in health and social care.”
Oysta’s shareholders were advised by Pete Jennings, Ryan Shields and Soleiman Ben Sufia of Grant Thornton and Ian Morris, David Baverstock and Lisle Gannon of law firm Marriott Harrison.
Grant Thornton director Ryan Shields said: “Oysta is a superb innovator in its field, making a big difference to its users’ lives through the use of technology. It is now very well-placed to accelerate its impressive growth thanks to this strategic sale to The Access Group.
“Digital healthcare is a fast-growing sector and we are seeing strong demand from both trade and private equity investors for high quality, scaleable businesses such as Oysta.”
