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New Deal


Announced

Verdane completed the acquisition of Conscriptor and Max Manus.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Majority

software development

Private Equity

Norway

Sweden

Acquisition

Single Bidder

Private

Friendly

Completed

Synopsis

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Verdane, a specialist growth equity investor, completed the acquisition of Conscriptor, Sweden’s developer of medical journal documentation services and dictation software, and Max Manus, a provider of speech recognition and dictation software. Financial terms were not disclosed. "There is significant potential in the Nordics to draw on new technology to increase healthcare efficiency. Administration and routine processes are going to be increasingly digitalised. Conscriptor’s and Max Manus’s experience and technical solutions in healthcare documentation and speech recognition hold the potential to fundamentally improve healthcare administration and dramatically increase available time for direct care for all medical professionals," Jakob Tolleryd, Verdane Partner.

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