Quantuma administrators complete sale of Scots wellbeing streaming service Ashia

Quantuma administrators complete sale of Scots wellbeing streaming service Ashia

Craig Morrison

Joint administrators Craig Morrison and Brian Milne, managing directors of business advisory firm Quantuma, have facilitated the sale of a streaming service developed by Glasgow-based Frog Systems, for an undisclosed sum.

Cheshire-based wellbeing company Raiys has acquired Ashia, a 24/7 digital wellbeing platform which Frog Systems created. The deal, completed after Frog Systems entered administration, safeguards all nine Ashia employees and enhances Raiys’ digital services.

Ashia, meaning “life and hope” in Arabic, offers businesses and individuals on-demand access to thousands of wellbeing resources. Raiys, already serving over 750,000 employees across the UK, will integrate Ashia’s content and technology to bolster its existing wellbeing solutions.



Clients using Ashia include Scotland-based hire firm GAP Group, Sussex Cricket, The Lowry theatre and arts venue in Greater Manchester, and construction and development company GRAHAM.

Frog Systems’ former chief executive Phil Worms said: “Like Raiys, we are passionate about the value of proactive and preventative wellbeing services and the role that digital technology plays in helping employers to create healthy workplaces. 

“It has been a challenging time for the company, but I believe that bringing Raiys and Ashia together is a fantastic outcome, and we are both excited for what we can achieve as a genuine one-stop shop for wellbeing solutions.”

Quantuma administrators complete sale of Scots wellbeing streaming service Ashia

James Murphy

James Murphy, founder and chief executive of Warrington-based Raiys, said: “Organisations are increasingly starting to understand their role and responsibilities in supporting employee wellbeing in the workplace. Our mission is to help employers and businesses of any size to create healthy, purposeful workplace cultures across all sectors and job roles. 

“The addition of Ashia gives us an even more powerful offering and enables us to grow the digital side of our proactive wellbeing services as we focus on our goal to provide employers and organisations with all the tools they need to improve the health and wellbeing of their people. I’m delighted to be able to bring Ashia into our business.”

Quantuma’s Craig Morrison said: “The sale is a great outcome for the business. I’m delighted that the jobs of all employees have been saved and the business has been protected by being sold to a third-party buyer with the ability to take it forward.”

James Murphy added: “This deal is another exciting move forward for Raiys. With the acquisition of Ashia, and the technical expertise gained, we now have the capability to offer a wider range of digital and personal wellbeing solutions that will support and help organisations to meet the challenges they face.”

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