InfoFlex
Civica, a global leader in software for public services, has announced that Civica UK Limited, the company’s wholly owned subsidiary, has acquired UK based healthcare software specialist Chameleon Information Management Services Limited and its subsidiary, Flex Software Limited, trading as InfoFlex.
With over 25 years’ experience in the healthcare sector, InfoFlex provides a market-leading cloud enabled application with trust-wide and cross-organisation capabilities. A signatory to techUK's Health & Social Care Interoperability Charter, its software integrates with existing hospital systems, across 65 clinical specialities including; cancer services, digital remote monitoring solutions (RMS), Inflammatory Bowel Disease (IBD) and endoscopy.
A strategic acquisition for Civica’s Health & Care division, InfoFlex strengthens the Group’s position with capability including patient pathway tracking and workflow management, remote monitoring, data management and integration. Dedicated to managing and improving patient care and treatment processes within the NHS, InfoFlex integrates with Civica’s clinical information management cloud solution, Cito. This will enable real-time access to all clinical information, powered by flexible patient pathways, delivering a cost-effective electronic patient record (EPR) capability.
InfoFlex has more than 40,000 users across over 130 NHS trusts. During the COVID-19 pandemic, trusts have used InfoFlex in innovative ways to manage data collection and reporting. In one example, West Hertfordshire Hospitals NHS Trust used the software to set up a Virtual Hospital for the administration of patients being cared for in the community.
The acquisition is a significant strategic investment by Civica for its health division and builds on recent health cloud software acquisitions including Warwick International and Trac Systems, along with launching newly built products Cito and Civica Prescribing to establish a stronger integrated capability at a time when care providers are looking for cloud based, integrated solutions that enable real-time access and sharing of information.
Multi Fan Systems Limited
Regent Assay Corporate Finance has advised the shareholders of Multi Fan Systems Limited (“Multi Fan”) on the sale of the business to Telford based, Filtermist International Ltd.
Multi Fan, based in Stourbridge, is a strategic bolt on acquisition and will be integrated into Filtermist’s current service offering in the United Kingdom.
Oil mist filters manufacturer Filtermist, part of the Swedish owned Absolent Group, has expanded its service offering in recent years to include the effective removal of dust, fume and smoke from industrial workplace air.
Regent Assay supported founder David Fall and fellow majority shareholders Richard Field and Kevin Hood throughout the process to completion, negotiating and structuring the deal in order for the exiting shareholders to maximise the value realised.
The deal was led for Regent Assay by Guy Hemington and Greg Fowler. Commenting on the deal, Greg said: “The shareholders have built a successful business over the course of the last 15 years and we are delighted to have been able to assist them in realising value. The strategic fit with Filtermist is an excellent one for all parties and we expect both businesses to thrive in the next chapter of their development. We continue to see a range of interesting opportunities to work with owner managers to deliver their strategic goals.”
Weightmans provided legal advice to the exiting shareholders while Legal Clarity and PKF Cooper Parry provided legal advice and financial due diligence to Filtermist.
