- Sector: Digital Health
- Deal Type: Private Equity Deals
- Engagement type: Sellside
- Size: $200-500m
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Corilus, a portfolio company of AAC Capital, on its sale to Gilde Buy Out Partners.
Corilus enables a smart and efficient healthcare system by connecting care providers, patients and stakeholders. Its cloud-based connected care solutions are used by over 40,000 care providers including general practitioners, dentists, physiotherapists, pharmacies, nurses, elderly care homes and hospitals. Corilus delivers mission-critical software solutions that are deeply embedded in the daily jobs of care workers, covering both administrative and clinical processes. The network effect fostered in its ecosystem of connected care workers and patients makes Corilus truly unique.
Corilus was carved out from Fagron by AAC in 2015 and has since successfully completed five acquisitions to broaden its footprint across the primary care ecosystem. The combination of long-term organic growth potential and the opportunity to continue acquiring complementary companies represents a blueprint for success that can be replicated in other European countries under Gilde’s ownership.
This transaction highlights Arma Partners’ deep sector expertise in Digital Health and our ability to consistently deliver successful outcomes for our clients even against a backdrop of an unprecedented global pandemic.