Corporate Team advises Servelec on acquisition of Aura Healthcare

Technology Print news article

06/05/2015

Walker Morris underlines reputation as one of the leading legal advisers to technology sector.

Corporate lawyers from Walker Morris have advised Servelec Group plc on its acquisition of Aura Healthcare Limited.  It is the latest of several transactions in the technology sector on which the law firm has advised, reinforcing its reputation in this sector.

Aura is a developer of software for the healthcare sector that controls bed management and patient flow across hospitals, clinics and primary care centres, enabling improved care of patients.

Alan Stubbs, CEO of Servelec Group said:
“I am very pleased to be able to announce the acquisition of Aura.  We have a clear direction of travel which is to be successful in the ‘Refresh’ in the North of England and this Acquisition increases the appeal of our Oceano product and adds further functionality to RiO, our market leading Mental Health and Community Health system.

The quality of Aura’s technology is second to none. ‘Flow’ is already integrated into Oceano and RiO and with Aura’s established routes to market together with our leading market position, we are really excited by the additional growth opportunities Aura offers.”

Servelec Group plc provides software, hardware and services predominantly to the UK health & social care, oil and gas, power and nuclear, water, utilities and broadcast sectors. The Acquisition is a continuation of Servelec’s growth strategy for its Health & Social Care division. It builds on the acquisition of Corelogic Limited in December 2014, which has strongly positioned Servelec to support providers of both health and social care as the markets move in the direction of converged care.

Deloitte LLP provided financial advice to Servelec.

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