The transaction remains subject to receipt of customary regulatory approvals.
Tuesday 05, February 2019 BY KUDAKWASHE MUZORIWA
Investcorp has signed an agreement to acquire a majority interest in Sweden-based Cambio Healthcare Systems from Valedo Partners Fund II and a group of minority investors.
Hazem Ben-Gacem, the Co-CEO of Investcorp, said, “We see solid growth potential in Cambio Healthcare System, which has already established itself as a strong player in the European region, offering innovative solutions in a promising healthcare market.”
In a statement, Investcorp stated that Cambio’s founders and management team will continue to hold a meaningful stake in the company.
Cambio operates in the Electronic Health Records (EHR) market, offering software solutions for acute, primary as well as social and person-centred care. The company has customers primarily in Sweden, Denmark and the UK, with more than 150,000 users of its software solutions.
“eHealth is increasingly transforming how healthcare is delivered and is a key enabler for further improvements of quality of care, productivity and patient empowerment,” added Peter Gille, the CEO of Cambio Healthcare Systems.