Announced
Financials
Sources
Tags
Private Equity
Majority
Acquisition
Private
health software
Single Bidder
Software
Ireland
Pending
Friendly
Synopsis
BC Partners-backed Advanced, a provider of healthcare, enterprise, and other business solutions and services to the public and private sectors, agreed to acquire CareWorks, which provides cloud-based case management software for health and social care organizations. Financial terms were not disclosed. The acquisition will boost Advanced’s drive to deliver integrated health and care solutions and support the goals set out in the NHS Long Term Plan to build integrated care systems by 2021. “Being part of the Advanced family will help to spearhead the delivery of a fully integrated end-to-end health and care platform, with CareWorks an integral component. We jointly recognize the transformative benefits that bringing together health and social care will deliver – as leading software providers to that market we are ready to support the integrated plans. We quickly saw the potential that bringing together our solutions into a single system could provide and see it as an incredible opportunity to make a real difference to people’s lives,” Michael Dolan, CareWorks CEO.
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