HgCapital invests in medical software provider MediFox – HgCapital (HGT) has announced an investment in MediFox, a provider of software solutions to outpatient and inpatient care providers and therapy practices in Germany. The terms of the transaction were not disclosed.
The investment for £8.0m follows an exit from private equity funds managed by Equity Capital Management.
In its press release, Hg made the following comment about the investment:
“The investment, which will be made from the Mercury 2 Fund, recognises MediFox’s attractive business model characteristics, being a well-established player with a strong position in a fragmented sector, showing a positive underlying growth trajectory whilst also having a ‘mission-critical’ product offering, a robust financial profile and a highly competent management team.”
More on MediFox
Founded in 1994, MediFox is a leading provider of software solutions to over 6,000 ambulatory care services, elderly care homes and therapists in Germany. Its software solutions support care providers with key services including resource and route planning, care and support documentation, management information systems, as well as billing, factoring and administration services. It is headquartered in Hildesheim, Germany and employs 265 people.
HGT : HgCapital invests in medical software provider MediFox