Tag Archives: Software

Tripleseat Announces Strategic Acquisition of Attendease for Unparalleled Event Management Solutions

Vista Equity

CONCORD, Mass., Aug. 8, 2023 /PRNewswire/ —  Tripleseat, the leading innovator in cloud-based event management software for the hospitality industry, proudly announces today the strategic acquisition of Attendease, a world-class meeting and event software for enterprise and corporate event planners.

The acquisition is a natural fit. It combines two separate ecosystems, social and corporate event planners and event managers at restaurants and hotels. The sales and event management platform of Tripleseat and the Attendease event planner application come together for a frictionless planning process, further entrenching Tripleseat as the powerhouse in end-to-end event management solutions. The combined company will operate under the Tripleseat brand and will be managed by Jonathan Morse, Tripleseat co-founder and CEO.

“With this acquisition, we will expand our offerings with specialized and flexible event planning and management tools – for social and corporate event planners. Tripleseat will now be the one-stop shop for people to locate the perfect venue and manage and market their event,” Morse said in a statement. “Attendease provides functionality that empowers planners with dynamic features such as event registration, ticketing, VIP and speaker management, website building, and data-driven reporting  that will integrate with Tripleseat’s sales and event management platform.”

The Tripleseat acquisition of Attendease is a game-changer for restaurants and hotels. It provides a one-of-a-kind integration to event planners looking to book an event at their venue. In addition, event planners will now have a seamless and easy experience finding, booking, and planning their weddings, corporate events, birthday parties, or tradeshows.

Tripleseat will always continue providing award-winning customer support for existing and new customers. As the event industry continues to evolve, Tripleseat remains committed to delivering innovative solutions to empower event professionals with the tools to thrive.

About Tripleseat
Tripleseat is a sales and event management platform used by more than 15,000 venues globally, enabling event managers to streamline the planning process and increase sales. To date, the Tripleseat platform has helped venues book over 10 million events and capture $15 billion in event leads. To learn more about Tripleseat or to schedule a demo, please visit www.tripleseat.com.

Media Contact: 
Dana Yerid
Vice President of Marketing
978-614-0490
363515@email4pr.com

SOURCE Tripleseat

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Thoma Bravo and Madison Dearborn Partners Sell Syntellis Performance Solutions to Roper Technologies

Thomas Bravo

CHICAGO & SAN FRANCISCO—Madison Dearborn Partners (“MDP”) and Thoma Bravo today announced that they have completed the sale of Syntellis Performance Solutions (“Syntellis”), a leading provider of enterprise performance management (EPM) software, data and intelligence solutions, to Roper Technologies, Inc. (“Roper”) (Nasdaq: ROP) in an all-cash transaction for an enterprise value of $1.4 billion. Syntellis will be combined with Roper’s Strata Decision Technology business.

Syntellis became an independent company with the investment support of Thoma Bravo and MDP when it was separated from Kaufman Hall in August 2020. Over the past three years, MDP and Thoma Bravo have worked closely with Syntellis and its management team to enhance and innovate the company’s integrated EPM solutions to better serve Syntellis’s growing global client base. During this period, Syntellis made meaningful investments in product and platform enhancements, including to its Axiom365 SaaS offering, and enhanced its planning and performance product offering by acquiring Stratasan, an industry leader in advanced healthcare market intelligence and data analytics.

“Thoma Bravo and MDP’s support and collaboration have propelled our growth, helped advance our product roadmap and enabled us to better serve our valued clients,” said Flint Brenton, Chief Executive Officer of Syntellis. “Today’s announcement is a testament to the great work from the entire Syntellis team and marks an exciting new chapter for the company. As part of Roper, we will further our mission to empower our clients to optimize performance through our industry-specific, tailored solutions.”

“We are immensely proud of our partnership with the Syntellis and Thoma Bravo teams, the product and platform enhancements we have helped Syntellis deliver, and the success we have achieved together,” said MDP Managing Director and Co-Head of the Health Care team Jason Shideler and Managing Director Will Ritchie. “Syntellis has grown from a captive software division of a consulting firm into one of the leading EPM providers serving the health care, higher education and finance industries. We believe Syntellis will continue to thrive in combination with Strata at Roper.”

“It has been a pleasure working with MDP, Flint and the entire Syntellis team to create a truly best-in-class EPM leader,” said A.J. Rohde, a Senior Partner at Thoma Bravo. “Together, we drove growth and innovation by building on the company’s strong product offering and its commitment to providing customers with the operational, financial and strategic data they need to navigate their dynamic market environments and improve their business outcomes. We look forward to watching the company’s continued success as part of Roper.”

William Blair served as financial advisor and Kirkland & Ellis LLP served as legal advisor to MDP and Thoma Bravo.

About Syntellis Performance Solutions

Syntellis Performance Solutions provides innovative enterprise performance management software, data and analytics solutions for healthcare, higher education, and financial institutions. Syntellis’ solutions include Axiom, Connected Analytics, and Stratasan software. These solutions help finance professionals elevate performance by acquiring insights, accelerating decisions, and advancing their business plans. With over 2,800 organizations and 450,000 users relying on our solutions, we have proven expertise in helping organizations transform their vision into reality. For more information, please visit www.syntellis.com

About Madison Dearborn Partners

Madison Dearborn Partners, LLC (“MDP”) is a leading private equity investment firm based in Chicago. Since MDP’s formation in 1992, the firm has raised aggregate capital of over $28 billion and has completed over 150 platform investments. MDP invests across five dedicated industry verticals, including basic industries; business and government software and services; financial and transaction services; health care; and telecom, media and technology services. For more information, please visit www.mdcp.com.

About Thoma Bravo

Thoma Bravo is one of the largest software investors in the world, with more than US$127 billion in assets under management as of March 31, 2023. Through its private equity, growth equity and credit strategies, the firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging Thoma Bravo’s deep sector expertise and strategic and operational capabilities, the firm collaborates with its portfolio companies to implement operating best practices and drive growth initiatives. Over the past 20 years, the firm has acquired or invested in more than 440 companies representing over US$250 billion in enterprise value*. The firm has offices in Chicago, London, Miami, New York and San Francisco.

*including control and non-control investments

About Roper Technologies

Roper Technologies is a constituent of the S&P 500 and Fortune 1000. Roper has a proven, long-term track record of compounding cash flow and shareholder value. The Company operates market leading businesses that design and develop vertical software and technology enabled products for a variety of defensible niche markets. Roper utilizes a disciplined, analytical, and process-driven approach to redeploy its excess capital toward high-quality acquisitions. Additional information about Roper is available on the Company’s website at www.ropertech.com.

About Strata Decision Technology

Strata Decision Technology provides an innovative cloud-based financial planning, analytics and performance platform that is used by healthcare providers for financial planning, decision support and continuous improvement. Founded in 1996, the Company’s client base includes over 2,000 hospitals representing over 450 healthcare delivery systems. The Company’s StrataJazz® application is a single integrated software-as-a-service platform that includes modules for financial planning, decision support and performance management. Strata’s headquarters are in Chicago, IL. For more information, please visit www.stratadecision.com/strata-and-syntellis.

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Paragin Group acquires training administration software provider Coachview

Main Capital Partners

Paragin Group acquired training administration software provider Coachview, with the support of strategic software investor Main.

Paragin Group, a leading EdTech solutions provider with a specialized assessment and e-portfolio offering, has acquired training administration software provider Coachview, with the support of strategic software investor Main Capital Partners. The acquisition of Coachview marks Paragin’s second add-on acquisition, after joining forces with math-driven assessment software specialist SOWISO in 2022. The addition of Coachview to the Paragin Group will create a comprehensive product suite with strong combined expertise, technology leadership and a shared customer base.

Coachview is a developer of SaaS course administration solutions that form the digital backbone of learning services providers, schools and universities. The solutions are used by schools and training and examination institutions at all educational levels in the Netherlands and Belgium. The combination of Coachview and the Paragin Group marks another milestone in the EdTech group’s buy-and-build strategy. Together, the companies uniquely position themselves as the most comprehensive vendor to commercial training institutions, supporting lifelong learners at every step of their journey.

The Coachview platform gives its users control over their administrative processes, allowing them to service their customers more effectively while providing flexibility and insights and improving overall efficiency. The platform provides a modular and configurable solution that suits the needs of every commercial training institution. The solution automates ranges from core processes ranging from course planning and student relationship management to automated invoicing, trainer management, and offers connections to other software like accounting and learning systems.

Paragin and Coachview can offer a comprehensive suite to their (shared) clients that brings together both companies’ strengths. Paragin specializes in student-facing assessment, learning and development solutions, providing innovative tools that empower learners in their educational journey. Coachview excels in offering the administrative backbone, delivering robust systems and processes to manage educational and training institutions efficiently. Integrating Paragin’s best-of-breed assessment and e-portfolio capabilities into the broader Coachview suite will lead to a differentiating offering. This will help training institutions to automate workflows and optimize organizational efficiency while empowering learners with improved (individualized) performance assessment and better learning outcomes.

Frank van der Linden, Co-founder of Coachview, says: “Since 2008, we’ve worked tirelessly to enhance training providers’ processes with our smart software offering, transforming Coachview into a dynamic platform that offers maximum support to trainers, instructors, and trainees. Joining the Paragin Group unlocks new opportunities to deliver even more value. I’m thrilled to collaborate with Paragin, driving growth and creating value for our customers.” Marcel Kremers, Co-founder of Coachview, adds: ”With Coachview, we’ve successfully established market leadership in course administration software in the Benelux. The synergy between our companies is undeniable, and we strongly believe that together we can achieve more than the sum of our parts. We’re excited to join forces with the Paragin Group, providing added value to our customers!”

Jeroen Bakker, CEO at Paragin Group, states: “Coachview provides a fantastic platform for training organisations and schools to structure and streamline their processes to work much more efficiently and effectively. With a very broad and enthusiastic customer base, they serve a wide range of customers directly and through partners, from universities to vocational and special needs education and from commercial training agencies to in-house corporate academies, municipalities and sector funds. This makes Coachview the heart of the administrative organisation, where Paragin’s products are at the centre of learning and assessment for students and learners. We look forward to presenting that combination to our customers and partners.”

Sjoerd Aarts, Partner at Main and Chairman of Paragin’s Supervisory Board, concludes: “We are thrilled to announce the acquisition of Coachview by our portfolio company, Paragin Group. This highly strategic partnership fits perfectly within our strategy of creating a leading European EdTech provider with innovative solutions that cater to evolving needs throughout the learning journey. We are excited about the synergies and value this partnership brings to Paragin’s customers, stakeholders, and the EdTech ecosystem.”

We are excited about the synergies and value this partnership brings to Paragin’s customers, stakeholders, and the EdTech ecosystem.

– Sjoerd Aarts, Partner at Main and Chairman of Paragin’s Supervisory Board

About

Coachview

Coachview is a provider of cloud-based training administration solutions for commercial education, corporate in-house academies and training institutions in the Benelux region. The Coachview platform functions as an ERP-system that forms the administrative backbone throughout the learning journey.  The company was founded in 2000 by Frank van der Linden and Marcel Kremers who are still in charge of the day-to-day management. Today, the company employs almost 25 employees and serves a diversified clientele of more than 250 customers that includes the TU Delft, Vanderlande, Boels, Aeres Group and Utrecht University of Applied Sciences.

Paragin

Paragin Group, consisting of the brands Paragin and SOWISO, is a leading provider of software designed to propel individuals towards their maximum potential. Paragin is a domain leader in solutions for the development of competences, knowledge and talent for education, exam institutions, publishers and companies of all sizes and industries. Paragin’s product suite encompasses solutions for online admission & placement testing, formative & summative assessments (for generic as well as  mathematics-related courses), as well as an e-portfolio offering that offers users the opportunity to develop and showcase skills, experience and qualifications. Paragin provides modern, cloud-based software solutions to over 750 organizations directly and indirectly via partners including vocational education, universities of applied sciences, research universities, educational publishers, corporates and (semi-)public customers. Our committed team of almost 70 people based in our Nijkerk (NL) and Amsterdam (NL) offices serves our loyal customer base across the globe.

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Nomadia secures investment from Hg

HG Capital

Paris, France. 20th July 2023. Nomadia, a leading European SaaS provider of smart mobility solutions, announced that it has secured a majority investment from Hg, a leading investor in European and transatlantic software and services businesses. As part of this transaction, the Nomadia management team and former majority owners will continue as investors in the business.

Headquartered in France, Nomadia’s mobile applications and SaaS solutions enable companies to plan and optimize their mobile workers’ travel and activity in real-time. Its solutions address the daily needs of mobile professionals such as technicians, sales representatives and delivery drivers. Nomadia delivers tangible ROI to its clients including material productivity gains and can reduce CO2 emissions by up to 30%. It serves over 2,200 clients and more than 188,000 users across 28 countries.

Fabien Breget, CEO of Nomadia, said: “This investment from Hg is both a testament of Nomadia’s leading position and a recognition of the great work from our team. We were impressed by Hg’s depth of expertise, agility in execution and partnership mindset. Hg brings a network of talent, significant financial capital and decades of experience in scaling premium software businesses. This partnership represents a formidable springboard to accelerate our development, product innovation and international ambition.”

Nomadia sits at the core of Hg’s experience in ERP & Payroll software, where it currently has over €7 billion capital at work. Over the past 12 months, Hg has raised over €20 billion additional capital for new investments and recently opened an office in Paris, France, to further accelerate its activity in the region.

Alexandre Flavier, Partner at Hg, said: “We are delighted to partner with Fabien and his talented team. We were impressed by the quality of their products, the strength of their clients’ feedback, and the impact of their mission: to enable mobile workforces to gain productivity while increasing safety standards and reducing CO2 emissions. We look forward to helping them build a European champion, accelerating their growth at scale and beyond borders.”

Going forward Hg’s investment and expertise will be used to support Nomadia’s investment in R&D and product innovation, including in AI, IoT and machine learning. The company will be able to leverage best practices from the Hg portfolio, notably in go-to-market, operational excellence, and tech platform roadmap, and capitalize on access to Hg’s deep network of talent. Hg will also support Nomadia’s international growth, both organically and via acquisitions, to reinforce the business’ leadership position in Europe.

The terms of the transaction are not disclosed.

For further information, please contact:

Nomadia:
AxiCom France
rpnomadia@axicom.com

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Existing Investors Double Down on o9 Solutions’ Growth With Incremental Investment at $3.7 Billion Valuation

KKR

Latest investment round of $116 Million led by General Atlantic’s BeyondNetZero

o9 announces 55% YOY increase in Annual Recurring Revenue as of Q2 2023;

Adds experienced operating executive Gary Reiner to its Board

DALLAS, July 19, 2023 –  o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making for global enterprises, today announced that its existing investors, led by General Atlantic’s BeyondNetZero the inaugural companion fund for the growth equity firm’s climate investing efforts, have invested an additional $116 million in the Company. Existing investors KKR and Generation Investment Management also participated in the round. The investment values o9 at $3.7 billion, up from $2.7 billion since the Company’s last investment round in January 2022.

The investment follows a period of continued outperformance by o9, including 55% year-over-year growth in Annual Recurring Revenue (ARR) as of Q2’23. The Company also reported 67% year-over-year ARR growth as of Q1’23 and 65% growth in 2022.

In conjunction with the transaction, o9 also announced that General Atlantic Operating Partner and tenured business executive Gary Reiner has joined the Company’s Board of Directors, bringing deep expertise at the intersection of technology, strategy and operations. Mr. Reiner joined General Atlantic in 2010 and provides strategic support and counsel to the firm’s technology investment teams and portfolio companies. Prior to joining General Atlantic, Mr. Reiner served as Senior Vice President and Chief Information Officer at General Electric for nearly 20 years. Prior to that, he was a Partner with The Boston Consulting Group. Mr. Reiner also serves on the boards of several public companies, including Hewlett-Packard Enterprise and Citigroup.

“We continue to be thrilled with o9’s terrific customer value proposition, offering truly material and measurable outcomes relative to traditional planning software vendors and thereby providing strong blue chip client satisfaction,” said Gary Reiner, Operating Partner at General Atlantic. “Since we first partnered with o9 in early 2022, the Company has helped deliver significant revenue growth, working capital improvements and expense reductions for many large global enterprises. Our deepened support of o9 reflects the enthusiasm we have for the business and its seasoned management team, particularly as their innovative model supports the transition to more sustainable supply chains across the enterprise. We look forward to our continued partnership.”

“The investment by our existing investors at a premium to our last funding round and against a backdrop of an overall pullback in market valuations is continued validation of our performance and execution against our long-term strategy. We will continue our strategy of client satisfaction and innovation as a driver of efficient growth across industry verticals and markets.”

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Infrastructure management software leader Patchmanager and Main form strategic partnership

Infrastructure management software provider, Patchmanager, and Main Capital together form strategic partnership.

Patchmanager, a Netherlands-based supplier of innovative infrastructure management software solutions, announces a majority investment by strategic software investor Main Capital Partners. The partnership with Main reflects an important step in the future growth strategy of Patchmanager, as the company is looking to capitalize on its strong momentum and increasing position in the infrastructure management software market.

Patchmanager, founded in 2002, is a leading infrastructure management software vendor, enabling customers to plan, document, manage and maintain physical layer connectivity and assets. The solutions play a critical part in managing customers’ increasingly complex IT infrastructures. Through smart and detailed visualization solutions, customers can meticulously and continuously track and monitor their core infrastructure including (fiber) cables, data center racks, floor plans and other assets. Key use cases include data centers, offices, buildings or outside plant networks and given the nature of the solution it is applicable in virtually every industry. Example verticals where Patchmanager holds a strong position include Financial Institutions, Universities and Colleges, Airports, (Semi-)government and Industrials.

Over the past two decades, Patchmanager has developed a comprehensive, modern and scalable product which is being used by over 300 customers globally, including strong positions in Europe, UK and the US. The customer base includes both SMEs and numerous blue-chip customers such as Vodafone, Schiphol, NASA, and Inmarsat. Leveraging this momentum, Patchmanager is looking to execute an international roll-out strategy including organizational growth and increased sales & marketing efforts using both direct sales and their partner channel. Naturally, continuous product innovation remains a key pillar in this strategy. With Main, Patchmanager teams up with an experienced partner in successfully executing such strategies.

Michael Kentrop, CEO of Patchmanager states: “At Patchmanager, product excellence and customer service are at the heart of what we do and how we do it. We are driven by providing our customers with a high-quality solution that adds substantial value to their organizations. In Main we find a like-minded partner and strong ally to help extend our reach and achieve our full potential. Main’s knowledge and expertise in the software sector is second-to-none, and we look forward to a successful cooperation!”

Ivo van Deudekom, Investment Director at Main adds: “Patchmanager has been able to obtain a unique position in the DCIM market worldwide with numerous blue-chip customers who trust the company to manage their complex and critical IT infrastructure. Due to their strong product offerings and partner network, the company is able to significantly outperform the market growth rates of approximately 15%. We are confident that Patchmanager is able to continue growing at this pace in the upcoming years and we are excited to be part of their journey.”

We are confident that Patchmanager is able to continue growing at this pace in the upcoming years and we are excited to be part of their journey.

– Ivo van Deudekom, Investment Director at Main Capital Partners

About

Patchmanager

Patchmanager, founded in 2002 and headquartered in Amsterdam, is a leading infrastructure management software vendor. Its solutions support customers in planning, documenting, managing and maintaining core IT infrastructures. Specific domains covered by the software include physical layer connectivity, data center racks, cables and assets. Patchmanager has a blue-chip international customer base across various sectors such as include Financial Institutions, Universities and Colleges, Airports, (Semi-)government and Industrials. The company employs over 20 employees.

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DBAG fuels digitization and invests in AOE Group

Deutsche_Beteiligungs_AG
  • AOE Group is a leading agile software development provider with a focus on bespoke enterprise solutions
  • Seventh investment in growth sector IT services and software
  • Attractive platform for buy-and-build

Frankfurt/Main, 18 July 2023. Deutsche Beteiligungs AG (DBAG) invests in AOE Group (AOE), a leading agile software development provider with a focus on sophisticated bespoke software solutions. A private equity fund advised by DBAG will acquire the majority stake from the founders and early investors. In addition to its fund investment, DBAG will invest 10.4 million euros out of its balance sheet. The founders of AOE will remain fully committed and continue to lead the company’s expansion as significant minority shareholders. Early investor QVM will persist as a minority shareholder as well. This transaction is subject to approval by the authorities and expected to be closed in August. The parties have agreed not to disclose the terms of the sale.

Partner for individual enterprise software solutions
AOE is headquartered in Wiesbaden (Germany), employs nearly 200 highly skilled experts in agile software development and operates in a market with significant tailwinds, driven by cloud transformation, digitalization of business processes and increasingly complex data and privacy requirements. According to its motto: “Talents. Enabling. Tech.”, AOE is described by its customers as a speedboat and valued as a co-creation partner and individual software developer for complex end-to-end (frontend and backend) solutions alike. AOE has broad experience in various industries, including e-commerce, telecommunications, aviation, healthcare, manufacturing, fintech or governmental.

AOE Group, a perfect fit for DBAG
The decision to invest in AOE is rooted in the allure of the digital era, a market benefiting from strong growth and the potential for a buy-and-build strategy. Since DBAG is engaged in the growth sector of IT services and software for various years now, the company can rely on its broad network in this sector and its experience from successful prior and current investments such as Cloudflight, freiheit.com or akquinet.

“By bringing together our experience as a financial investor and the technological prowess of AOE, this investment forges a strong collaboration”, explained Jannick Hunecke, Member of the Board of Management of Deutsche Beteiligungs AG. “We recognized the continued need to integrate digital solutions seamlessly into every industry. AOE will further unlock its growth potential, and nurture a digital ecosystem”, he added.

“We are very pleased to have found such an experienced and well-established player such as DBAG to accompany us while we are heading towards the next stage of growth. We will benefit from its vast network and unparalleled expertise. Thereby, we will fortify our market position, enhance our product offerings, and drive our sustained growth in the digital era”, said Kian T. Gould, CEO, AOE Group.

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Alfa eCare acquires Sirenia

Main Capital Partners

Alfa eCare, a leading healthcare software provider in the Nordics, today announces the acquisition of Sirenia, active in the Danish, Swedish and American healthcare market providing innovative solutions for care practitioners in the private and public sector. The acquisition was supported by Main Capital Partners.

Sirenia, founded in 2016, is a software company with focus on software robots and integration of user applications to healthcare providers in Denmark, Sweden and USA. Sirenia has developed a strong portfolio of Robotic Process Automation (RPA), Robotic Desktop Automation (RDA) and Context Management solutions aimed to improve quality and automate work processes for care practitioners.

Alfa Group, a leading healthcare software provider in the Nordics
Sirenia becomes the 8th acquisition by Alfa eCare, since Main Capital Partners became majority owners of the group in 2020. With a complimentary offering targeting the regional healthcare market, Alfa group further strengthens its position in the Nordic eCare market and its ability to provide its end-users with an improved quality of service while simultaneously making a strategic step into the Danish healthcare sector. Alfa group currently services over 1,400 customers in the public as well as the private sector, which today includes players such as Humana, Previa, Tandea, Pilke and St Lukas, Folktandvården Skåne and Värmland and the municipalities of Joensuu, Mikkeli, Nacka and Stockholm Stad.

Albert Winter, Managing Director at Alfa Group, commented: “”For several years, we have seen a development towards more complex customer needs where our customers demand complete system solutions and a supplier that takes overall responsibility. Sirenia’s solutions within RPA and Context Management complement our current systems in a way that we now have the product portfolio that our customers demand. Together with Sirenia, we have taken the step into the future.”

New innovative offerings that improves quality and efficiency across healthcare organizations

Freddy Lykke, Co-founder and CEO at Sirenia, adds: “We are very excited about the future perspective in being member of Alfa Group and Main. It provides an important opportunity to significantly accelerate our further expansion into new markets and to new clients. By combining the solutions from Alfa and Sirenia we can provide new innovative offerings that improves quality and efficiency across healthcare organizations.”

Wessel Ploegmakers, Partner and co-Head of the Nordics office at Main, added: “The combination of Sirenia and Alfa eCare marks an exciting step for both companies in their joint growth journey towards becoming a one-stop shop for the broader healthcare and welfare market. Further, the acquisition marks an important step in entering the Danish market allowing the combined group to offer additional strategic value to end customers. We look forward to support the combined organization in its further expansion.

The combination of Sirenia and Alfa eCare marks an exciting step for both companies in their joint growth journey towards becoming a one-stop shop for the broader healthcare and welfare market.

– Wessel Ploegmakers, Partner and co-Head of the Nordics office at Main

About

Alfa eCare

Alfa eCare was founded in 1998 and is based in Malmö, Sweden. With over 115 employees, Alfa eCare services over 1.400 clients in a wide variety of domains within the healthcare and welfare market. Clients range from social, geriatric and youth care providers to general practitioners, dental care providers, public institutions, personal assistance providers, and municipalities. Alfa eCare’s broad offering includes SaaS-solutions for journaling, electronic prescription, medication management, care planning, financial administration, booking management, care communication and day care administration.

Serenia

Sirenia was founded in 2016 and is based in Aarhus, Denmark. The company provides a modern product suite for the healthcare market and currently serves over 40 customers with a strong presence in the Danish, Swedish and American market. Sirenia offers a complete offering of robotic process automation, robotic desktop automation and context management solutions aimed to improve quality and automate the work processes for care practitioners.

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EcoOnline announces acquisition of Ecometrica, a Leader in Climate Metrics and ESG Software

Apax

EcoOnline, a leading EHS and ESG software provider, today announced it has signed a definitive agreement to acquire Ecometrica, a global ESG and Sustainability software leader. This strategic acquisition increases EcoOnline’s presence in the ESG market and further enhances the company’s existing platform capabilities, solidifying its position as an ESG software market leader across Europe, the UK, and North America. Together, EcoOnline and Ecometrica will deliver a broad ESG solution with strong capabilities in Carbon Accounting, ESG Framework reporting, Climate Risk, Environmental Compliance and more, enabling companies to systematically work to reduce their environmental footprint and comply with existing and future regulations.

Chris Joseph, Chairman of EcoOnline says, “The acquisition of Ecometrica provides a robust addition to our suite of solutions at EcoOnline. We know EHS data plays a critical role in ESG performance reporting, and many organisations currently struggle to bring a unified data strategy together. Our goal is to offer a holistic approach to ESG management, providing our clients with comprehensive solutions to manage, report, and deliver healthier, safer, and more responsible business.”

Dr Richard Tipper MBE, Chairman and Co-Founder of Ecometrica says, “We were immediately struck by the complementary nature of the EcoOnline and Ecometrica product suites. The combined entity will have an unrivalled depth and breadth of service offerings on health, safety, and ESG to bring the best-in-class sustainability reporting to the EcoOnline product suite. This comes at an ideal time for regulations coming into place in North America and Europe.”

Ecometrica is a market-leading sustainability software company that has been offering best-in-class climate accounting and reporting solutions since 2008, enabling companies to comply with the latest legislation. The Ecometrica Platform was built from the ground up by subject-matter experts who have delivered thousands of assessments and contributed to making the practice of greenhouse gas accounting the robust mission-critical practice it is today. Its modules cover a range of metrics including GHG emissions, ESG, TCFD, deforestation and biodiversity. Ecometrica’s platform delivers robust, accurate and transparent climate accounting and is considered by many to be the gold-standard of reporting.

David Metcalfe, CEO of Verdantix says, “Demand for ESG reporting and workflows is surging on a global basis. Global spend on ESG reporting software is set to surge from $1.4 billion in 2023 to $4.3 billion in 2027. EcoOnline’s acquisition of ESG and climate software solution, Ecometrica, underscores EcoOnline’s commitment to these important trends and increasing buyer focus on the nexus of EHS and ESG.”

Integrating Ecometrica with EcoOnline’s EHS and ESG will provide organisations with an increased ability to manage and leverage the data spread broadly across sustainability, employee health and safety and environmental compliance programs. This acquisition is a key step in EcoOnline’s journey to build a leading global software vendor dedicated to the mission of protecting our people and the environment.

-ENDS-

About EcoOnline:
EcoOnline is a leading Environmental, Health, Safety, and Quality (EHSQ) software solutions provider. For over two decades, EcoOnline has been dedicated to making workplaces safer by providing organisations of all sizes with user-friendly EHSQ software that creates engagement and operational excellence.
By developing user-friendly digital software that improves the flow of information and streamlines all documentation needed to reduce risks due to factors in the workplace, EcoOnline’s solutions solve real challenges with severe impact. Through a comprehensive platform that extracts and analyses intelligent business data, all organisations can drive efficiency while safeguarding their workforce, customers, the environment, and company reputation.
Today, EcoOnline helps 10,000 customers in over 80 industries to effectively spot risks and incidents, take corrective actions and protect employees, contractors, customers, the public, and the environment.
Supported by 900+ purpose-driven employees based in Norway, Sweden, Denmark, Finland, Germany, Ireland, the UK, the US, Canada, and New Zealand, EcoOnline enables companies to create healthier, safer, and more sustainable workplaces.

About Ecometrica
Established in 2008, Ecometrica provides the most rigorous, audit ready, yet simple to use GHG (greenhouse gas) accounting and climate risk software, enabling companies to accurately monitor their global climate impact and comply with legislation. In addition, Ecometrica tracks the impact and resilience of supply chains to monitor natural resources around the world, and as such, are CDP’s only gold partner across climate, forests and water. With offices in the UK and North America, their software has been used by numerous globally renowned companies as well as governments.

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Oiva Health Group acquires eHealth software provider, Movendos

Main Capital Partners

Oiva Health Group, formerly VideoVisit, strengthens its market position with the acquisition of Finnish eHealth software provider, Movendos.

Software provider for virtual healthcare, Oiva Health Group, formerly VideoVisit, is on course for growth and strengthens its market position with the acquisition of Finnish eHealth software provider, Movendos. This move marks the second acquisition since the partnership with Main Capital Partners in March 2022. Prior to Movendos, Oiva Health Group acquired Danish telehealth software provider Applikator in May of this year, the first step in the group’s internationalization journey. The strategic acquisition of Movendos brings Oiva Health Group another step closer to becoming a leading provider of software services for virtual healthcare and digital clinics in Northwestern Europe.

Movendos is a Finnish eHealth company headquartered in Tampere, which offers solutions for remote appointments and communication, appointment bookings, health screening and surveys, remote coaching tools and a collaboration portal. The company has established a strong position in the Finnish private sector with customers consisting mainly of private clinics and occupational healthcare providers. For over a decade, Movendos has been servicing clients within the healthcare market, such as Helsinki city Occupational Health, Pirte and Pihlajalinna.

With the acquisition of Movendos, Oiva Health Group will be able to further strengthen its position in Finland while expanding its product offering, becoming a more comprehensive eHealth provider with a stronger value proposition. The combination creates cross-sell opportunities between both companies’ customer bases as well as a stronger player particularly in public procurement processes. Due to their complementary solutions, the companies already collaborate on tendering processes. Oiva Health Group strives to continuously increase added value for its customers. Both in its organic growth strategy and in its buy-and-build approach, the company aims to strategically strengthen its product offering and market position, to further position itself as a leading software provider for virtual health care and digital clinics in Northwestern Europe.

Arto Leppisaari, CEO of Movendos, comments: “We are excited to join forces with Oiva Health and confident that together we can create significant value for both companies and our customers. There are great synergies between both companies and we see the combination with Oiva Health as a natural development in our collective journey towards expanding our joint product offering, which provides our customers with digitalized and efficient healthcare.”

Juhana Ojala, CEO of Oiva Health Group, adds: “Joining forces with Movendos is a strategically important step for Oiva Health. This combination allows us to expand our Digital Clinic product suite, especially in the primary care, hospital care and social care segments. We are able to offer our customers a robust, white-labeled online patient portal with fully integrated patient communication features. After the successful healthcare reform in Finland, the new Finnish welfare regions are specifically looking for this kind of advanced digital clinic platform to direct healthcare services online. I am extremely happy to welcome the whole Movendos team into the Oiva Health group!”

Wessel Ploegmakers, Partner at Main Capital Partners, concludes: “Since the partnership with Oiva Health Group in March 2022, we have worked towards building a stronger and more sustainable group and have since then seen tremendous growth. The combination will strengthen the group’s international foothold within the Virtual Care market and increase added value for its customers. We will continue to support the group’s growth trajectory and look forward to witnessing their milestones along the way.”

We will continue to support the group’s growth trajectory and look forward to witnessing their milestones along the way.

– Wessel Ploegmakers, Partner and co-Head of the Nordics office at Main

About

Movendos

Movendos, founded in 2012, is a Finnish eHealth company headquartered in Tampere, which offers solutions for remote appointments and communication, appointment bookings, health screening and surveys, remote coaching tools and a collaboration portal. The company has established a strong position in the Finnish private sector with customers consisting mainly of private clinics and occupational healthcare providers. The company employs 11 FTEs.s.

Oiva Health Group

Oiva Health, formerly VideoVisit, is the leading Virtual Care provider in the Nordics, offering a comprehensive Digital Platform for integrated health and care services to digitalize primary healthcare, social care, hospital healthcare and long-term care services. The company was founded in 2010 and currently employs 60 experts in both Finland and Denmark, serving domestic customers and partners, such as City of Helsinki, Pirkanmaa Welfare Region, Länsi-Uusimaa Welfare Region in Finland and Viborg municipality in Denmark with its Virtual Care platform. This platform has been designed in cooperation with healthcare professionals from both healthcare and social care sectors. Oiva Health platform is not only designed for healthcare services: it also connects professionals and care recipients of social care and long-term care on the same digital platform.

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