Buyer for healthcare management software company in Europe

• Revenue: 2-20M EUR
• Employees: not decisive
• Location of the target: Europe
• Reason for acquisition: The company is an important player in the healthcare software sector.           It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB096

The buyer is an international holding company that is active in processing and archiving of medical data, in developing and selling management software for healthcare sector. It is specialized in image acquisition and is offering software solutions for image archiving & management, photo management, microscopy and image analysis. Its solutions are needed in many medical disciplines (such as radiology, endoscopy, surgery, etc.) and are used in medical centers all across Europe. The company is present in Germany, Netherlands, Belgium, France and other European countries. The employees form a team of experienced and motivated technicians and software engineers that are used to deal with complex work and strict budget conditions. The buyer has a traditional strategy for growing the business by acquiring similar companies that can help the group to diversify the products’ portfolio and to add value to its services. Target companies should have a strong network of clients and should have a good profitability rate.

This buyer is active in developing software solutions for healthcare sector. The management software solutions developed are used in the administration of hospitals and help in managing the contracts, incoming invoices, inbox, personnel files and workflow applications. Managing contracts and various other files is very important, the introduction of management solutions such as contract management brings a correlation and evaluation of costs and benefits. The software allows for assessment of Key Performance Indicators, of the benefits of cash discount, of notice periods, etc. and transforms these indicators in identifiable parameters. Due to this management software, there are many benefits such as: notice periods are organized, contract workflow is optimized, invoice receipts are displayed and discounts are processed, overall it is more order in the administrative activity with a huge impact on efficiency and on lowering the costs. The management software can also be applied in the care management of the patient particularly in pre-admission management, discharge management, assessment workflow, medical examinations and assessments. The solution is multimedia, this means it can be used with all types of devices and objects in medicine and administration.

Due to the products’ modular system architecture, the solutions are perfect scalable to meet the needs of the customer, whether it is about the entry level solution, the enterprise version or the multi-client solution. The innovative products come to life based on the daily needs of the medical centre, to design and manufacture the best products there are used the most modern development tools. In the medical field, quality is very important, whether it is related to employees’ qualification, services or products characteristics. That is why the company has many conformance and quality certifications such as ISO 9001 and 13485.

The buyer is looking to acquire a company that operates in the same activity and has similar services and solutions such as:

Solutions:

• Content Management System
• Document Administration
• Contract Management
• Archiving
• Diagnosis
• Invoice Processing
• Image Management
• Medical Reporting

Services:

• Integration
• Assessment
• Implementation
• Training

• The buyer is a strong organization active in healthcare software industry
• The company has decided to enlarge its activities in Europe and is looking to buy another company with similar activities and products
• Target companies should have a solid portfolio of clients and should be profitable