Essling Expansion acquired medical software developer Evolucare.

Independent asset manager Essling Expansion acquired a stake in Evolucare, a family group that publishes medical software for healthcare institutions, becoming a reference shareholder. Financial terms were not disclosed. “The Evolucare Group aims to become a consolidation platform in a still fragmented market and to strengthen its international presence. We are very pleased that the Evolucare Group is Essling Expansion’s first investment because it perfectly illustrates our investment and support strategy,” said Bertrand Fesneau and Rémi Matuchansky, Co-Managers of Essling Expansion.