Beedie Capital completed the acquisition of a majority stake in Think Research for CAD85m.

Beedie Capital, a private equity firm, completed the acquisition of a majority stake in Think Research, a healthcare software company for CAD85m. “The Think team is pleased that Beedie Capital has demonstrated its confidence in the Company through this Transaction, the Consideration of which reflects a strong endorsement of the Company’s value. Beedie Capital has a deep understanding of our business and we look forward to working with them to continue executing on our plan to accelerate growth and provide digital solutions to clinicians worldwide. In addition, the Transaction eliminates the financial and administrative burden of continuing as a reporting issuer in what is already a challenging market environment,” Sachin Aggarwal, Think Research CEO.