Citadel Group completed the acquisition of Wellbeing Software Group from Elysian Capital for $127m.

Citadel Group, a Canberra-based IT service management company, completed its acquisition of Wellbeing Software Group, a UK-based healthcare software vendor, from Elysian Capital, a private equity firm for $127m. The acquisition of Wellbeing is an important strategic advancement for Citadel’s expansion into the international healthcare market. It enhances Citadel’s investment in the development of solutions and services that enables clients to optimise, integrate and innovate across their health operations. At the same time, it allows Citadel to widen its existing portfolio into complementary areas, through the addition of Wellbeing’s market leading radiology and maternity systems.