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01. February 2012, Koblenz

CompuGroup Medical strengthens its market position in Italy

Acquisition of eHealth-provider Effepieffe srl

Koblenz, February 1, 2012: Yesterday evening, CompuGroup Medical signed a contract to purchase all shares in Effepieffe srl. via its Italian subsidiary CompuGroup Medical Italia spa. The company counts around 8,000 general practitioners as its customers and ranks number three in the provision of ambulatory information systems in Italy.

With its latest acquisition, CompuGroup Medical takes a further step in progressively extending its market position in Italy. Since 2006 the company has been running a strict growth strategy and is now, owning a 40% market share, the market leader in the field of primary care in Italy.

Strategically, Effepieffe focuses on the north-Italian market. Headquartered in Milan, the majority of Effepieffe’s customers are located in that area. Frank Gotthardt, CEO of CompuGroup Medical AG affirms: “Our strategy of expansion has proven successful; today we are a strong eHealth-provider in Italy. We will provide our new customers with access to our product and service portfolio to deliver optimum support for their patient care.”

One example is CGM Life eServices, online services for physician-patient-communication. CompuGroup Medical counts among the worldwide leading providers of eHealth-solutions. Through this acquisition customers benefit from international best practice and the company’s long-standing experience in this sector.

In 2011 the turnover of Effepieffe amounted to 1.2 million Euro. The EBITDA was at around 0.5 million Euro.

About CompuGroup Medical AG
CompuGroup Medical is one of the leading eHealth companies in the world. Its software products are designed to support all medical and organizational activities in doctors’ offices, pharmacies and hospitals. Its information services for all parties involved in the healthcare system and its web-based personal health records contribute towards safer and more efficient healthcare. CompuGroup Medical’s services are based on a unique customer base of over 385,000 doctors, dentists, hospitals, pharmacies and networks as well as other service providers. With locations in 19 countries and customers in 33 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. Approximately 3,600 highly qualified employees support customers with innovative solutions for the steadily growing demands of the healthcare system.

Contact for media representatives:
CompuGroup Medical AG
Barbara Müller

Consultant Press & Media
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