Literacy invests in Mountain Healthcare

Financial details of the transaction remain undisclosed, though Literacy states on its websites that it considers management buy-in opportunities, in addition to the straightforward acquisition of minority and majority stakes.

The GP has introduced former Capita managing director and group business development director Chris Sellers as chairperson and CEO of Mountain. Two of the company's directors, Vanessa Webb and Gary Green, will remain on the board.

A statement said the deal involved a restructuring of the business.

Mountain director Sandra Hitchcock and Jon Clapson, co-founder and director, have resigned from the board of directors as part of the deal but will continue in consultancy roles.

Company
Founded in 2005 and headquartered in Finchingfield, Essex, Mountain provides referral services related to sexual assault and police custodial healthcare. The business has a headcount of 350 and its sexual assault referral services are provided across 12 countries. It provides police custodial healthcare services for Thames Valley Police, Surrey Police and West Midlands Police.

People
Literacy Capital – Paul Pindar (founder, chairperson).
Mountain Healthcare – Chris Sellers (CEO, chairperson).

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• Topics
• Buyouts
• UK / Ireland
• Healthcare
• United Kingdom