Advised Allocate Software, the leading international provider of healthcare workforce management software and portfolio company of Hg, on its sale to Vista Equity Partners
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Allocate Software, a portfolio company of Hg, on its sale to Vista Equity Partners.
Allocate supports the operational and administrative needs of healthcare professionals in all healthcare settings, enabling the delivery of safe and effective care at optimal cost, by helping organisations have the right people in the right place at the right time. Allocate serves the largest public and private healthcare institutions around the world, with over 800 clients and over a million staff rostered daily – over 700,000 of which are now managed on the ‘Optima’ SaaS platform. Allocate has 500 employees, with over 170 working in the R&D and product management function. It is headquartered in the UK.
This transaction marks Arma Partners’ deep expertise in healthcare technology and continued track record of advising our clients on landmark cross-border deals.