FPE-backed Egress Group acquires Stalis with support from GCS

GCS (formerly, GRAPH Strategy) has supported specialist software & services focused lower mid-market growth investor FPE Capital and its portfolio company Egress Group in its acquisition of Stalis.

FPE originally invested in Egress, who specialise in data migration and integration, in May 2022 to focus on leading the expansion of the management team and accelerate growth within the sizeable and expanding UK data market.

The acquisition of Oxfordshire-based Stalis, specialists in healthcare data migration and archiving, will allow Egress to offer a unique proposition to the healthcare sector, providing comprehensive end-to-end data management services and solutions.

The deal brings together two renowned providers in their respective data management fields, combining more than half a century’s experience working on large-scale, complex, multi-system change programmes.

The GCS team was led by James Tetherton and Matthew Smith working alongside Llewellyn John at FPE and Joe Rooke from Egress Group.

GCS carried out a focused piece of commercial due diligence, leveraging our deep expertise in the technology and healthcare sectors, including recent work supporting YFM Equity Partners’ investment in Antser Group, a leading tech-driven provider of assessments and social care training.

“We have a long-standing relationship with FPE Capital, so naturally we were delighted to support them and Egress in their acquisition of Stalis. Egress is a fantastic company, and their strategic acquisition of Stalis will deliver wide-ranging data management services to the healthcare industry. Both have an incredibly strong presence in their fields and together we’re confident they will bring forward exciting opportunities for those working in the sector.”

— James Tetherton, Founding Partner, GCS