M&A Deal Summary

Logibec Acquires QHR - Enterprise Management Solutions

On December 9, 2013, Logibec acquired information technology company QHR - Enterprise Management Solutions from QHR for 20M USD

Acquisition Highlights
  • This is Logibec’s 1st transaction in the Information Technology sector.
  • This is Logibec’s largest (disclosed) transaction.
  • This is Logibec’s 1st transaction in Canada.
  • This is Logibec’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2013-12-09
Target QHR - Enterprise Management Solutions
Sector Information Technology
Buyer(s) Logibec
Sellers(s) QHR
Deal Type Divestiture
Deal Value 20M USD

Target

QHR - Enterprise Management Solutions

Kelowna, British Columbia, Canada
QHR - Enterprise Management Solutions offers a suite of medical software modules that provide computer-based medical records for family physicians, medical specialists, and surgeons, as well as administrative modules for billing and patient scheduling.

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Buyer(S) 1

Buyer

Logibec

Montreal, Quebec, Canada

website


Category Company
Founded 1982
Sector Information Technology
Employees430
DESCRIPTION

Logibec deploys information systems that span the clinical, operational, and business needs of complex healthcare organizations. Logibec was founded in 1982 and is based in Montreal, Quebec.


DEAL STATS #
Overall 1 of 5
Sector (Information Technology) 1 of 3
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 2
Country (Canada) 1 of 5
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-09 MediaMed Technologies

Quebec, Canada

MediaMed Technologies offers managers and professionals working in healthcare institutions innovative technological solutions and proven consulting services aimed at increasing the productivity and profitability of healthcare institutions.

Buy -

Seller(S) 1

SELLER

QHR

Kelowna, British Columbia, Canada

website


Category Company
Founded 1997
Sector Software
DESCRIPTION

QHR Corp. is a healthcare technology, empowering providers and connecting patients. With a 12-year track record offering what is now the single leading electronic medical records platform in Canada, QHR has a suite of complementary offerings that empower health professionals. The company's technologies and services enable secure medical records management for clinical environments, empowering health providers with tools for virtual care, including secure video and messaging, as well as tools for clinic management including scheduling, billing, and patient management. Health providers choose QHR to drive efficiencies within their practice and improve the quality of care delivered to patients.


DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 2
Type (Divestiture) 1 of 2
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-26 EMIS

Edmonton, Alberta, Canada

EMIS, Inc. is a provider of EMR solutions in the UK. EMIS supports its corporate principles of improving the health of individual patients, and the population as a whole through advanced knowledge garnered by empowering physicians to collaborate.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-10 Medeo

Vancouver, British Columbia, Canada

Medeo Corp. is a Vancouver-based virtual care technology company. Company is an innovative system designed and built by physicians and developers in an effort to improve access, efficiency and quality of care for patients and their providers. The Medeo virtual care platform, available to healthcare providers for a monthly fee, allows providers to connect with their patients through cloud-based secure online messaging, video conferencing and telehealth workflows. It was created to equip healthcare professionals with secure, mobile technology that supports access to care and improves the provision of healthcare delivery.

Buy -