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CompuGroup Medical SE (CGM), a leading eHealth company worldwide, concluded a transaction to acquire 100% of H&S Qualità nel Software SpA on January 02, 2020. With the acquisition of the provider of telemedicine solutions and ICT services for domiciliary care providers, CGM is expanding its portfolio to include powerful solutions for health and social-care providers.
CompuGroup Medical acquired 100% of the shares of H&S Qualità nel Software SpA, based in Piacenza, Italy. The former owner and the team stay on board to further develop and expand the company’s solutions and potential. H&S specializes in telemedicine, patient telemonitoring and Ambient Assisted Living for elderly with turnkey solutions supports private and public providers to deliver the best health and care services, optimizing processes and costs. The company also offers customized projects and manages information systems for the main Italian domiciliary care providers as a trusted third party.
”H&S’s products will be a valuable supplement to our existing product portfolio for social care and care management”, says Hannes Reichl – CGM Board Member Clinical & Social Care. ”Customers will profit significantly from the additional possibilities offered by telemedicine, telemonitoring and AAL”, adds Mr. Reichl. With this acquisition, CGM strengthens its team in the Italian market and is opening up new strategic options to synchronize health, social-care providers and care recipients.
CGM acquired H&S after the demerge of its non-healthcare related activities. In 2018, H&S’s healthcare segment had revenues of approximately EUR 2.9 million with an EBITDA of approximately EUR 0.8 million.