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New Deal


Announced

Completed

30 North Group and UPMC led a 15.5m Series A funding round in Smile CDR.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

health data management

Completed

Minority

Private

Acquisition

Data Centers and Hosting

Canada

Cross Border

Synopsis

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30 North Group, a family office, and UPMC Enterprises, the commercialization arm of UPMC, led a 15.5m Series A funding round in Smile CDR, a health data fabric and integration platform. "The digitization and interoperability of healthcare are absolutely necessary to be able to provide high-quality care to patients and members, and Smile CDR has demonstrated validity and success in the digital quality space with one of our portfolio companies, Astrata, Inc.. Smile CDR's future vision aligns perfectly with our core principle of creating healthcare innovations that significantly impact the lives of patients," Brent Burns, UPMC Enterprises Executive Vice President.

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