Bond Clarke Limited and Charles Russell Speechlys advise on investment into Person-Centred Software
Bond Clarke Limited and Charles Russell Speechlys LLP have advised on the investment into Person-Centred Software Limited (PCS) by Cow Corner and on the partial exit by some shareholders.
PCS, the care sector’s most widely used digital care management system, was founded in 2013 to help improve the quality of life for people in social care. PCS is an award-winning company with a wide range of products. It featured in the Deloitte Tech Fast 50 list in 2019 and its coronavirus-specific solutions were recognised at the Health Tech Digital Awards 2020 for Best COVID-19 Software Solution. Cow Corner invests in growing businesses that sell services or software to other businesses, with a particular focus on knowledge-based businesses that combine people with technology.
With over 2,500 care homes using PSC’s Mobile Care Monitoring software the sale of PSC to Cow Corner will enable Cow Corner to give the business a commercial edge to help it grow.
The transaction was led by Murray Wells, Founder of Bond Clarke and the team from Charles Russell Speechlys LLP led by Corporate Partner, Rebecca Burford and supported by associate Pei Li Kew and trainee, Matthew Carter (both Corporate), Tax Partners Helen Coward and Robert Birchall and Tax Associates, Elliot Michaelson and Tess Newman.