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New Deal


Announced

System C to acquire WellSky International.

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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Pending

Acquisition

Majority

Private

Software

Cross Border

United States

clinical software

Friendly

enterprise systems

Single Bidder

Synopsis

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System C, a provider of information technology implementation software and services, agreed to acquire WellSky International, a provider and supplier of software for healthcare and human service providers. Financial terms were not disclosed. This acquisition will broaden System C’s product portfolio and is a highly strategic addition to the company’s integrated cloud EPR suite. System C will invest significantly in product innovation, maintain interoperability with all hospital software systems and third-party suppliers, while closely integrating WellSky International’s products into its CareFlow electronic patient record software, including clinical collaboration, care planning, electronic observations and patient flow.

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