Leading investment company becomes new principal owner of Cambio Healthcare Systems
Cambio Healthcare Systems’ founders, executives and Investcorp have reached an agreement to acquire all shares for Cambio Healthcare Systems AB (Cambio) from Valedo Partners Fund II AB. Valedo’s investment in Cambio in 2012 helped to make Cambio one of the Nordic region’s leading suppliers of eHealth. With Investcorp as the new principal owner and partner, Cambio will benefit from increased resources, to drive growth and implement long-term investments that support continued development and expansion into new and existing markets.
Investcorp was founded in 1982, and is today a leading global investment company with 390 employees in Europe and worldwide. The company focuses on investment opportunities in medium-sized companies with strong management, sound finances, leading positions in their sector and good growth potential. The portfolio comprises of technology and software companies, with almost 10% in Healthcare.
– “We are very pleased to have found a partner in Investcorp, particularly because of their recognised expertise in developing technology and software companies, and their ambitions in the eHealth sector. This, combined with the company’s consistency in creating long-term value in its investments, will support Cambio’s continued development. The fact that our founders and other executives continue to invest significantly in the company provides strength and stability, and we are looking forward to continuing Cambio’s growth with the support of Investcorp,” says Peter Gille, CEO of Cambio Healthcare Systems.
Cambio has expanded rapidly in recent years and currently has approximately 600 employees. The customers are mainly based in Sweden, Denmark and the UK. In total, the company’s software system has more than 150,000 users.
– “Cambio’s market position and growth potential make this an attractive investment opportunity for Investcorp. Cambio is one of the leading suppliers within eHealth in the Nordic region, and has developed rapidly in recent years, during which a number of very innovative software solutions have been launched, several new customers have been acquired, and collaboration with existing customers has been further developed. In collaboration with Cambio, we are very much looking forward to expanding operations in several markets and establishing Cambio as a global leader,” says Daniel Lopez-Cruz, Head of European Private Equity at Investcorp.
The transaction requires the approval of the Swedish Competition Authority.
For more information:
Peter Gille, CEO