Powered by MOMENTUM MEDIA
Listed company Alcidion Group Limited has completed its acquisition of specialist patient administration system Silverlink PCS Software Limited.
Firm: Holding Redlich (Alcidion).
Value: $55.5 million, with a further $5.6m subject to earn-out conditions being met.
Area: Health care equipment and services.
Key players: The Holding Redlich team was led by partner William Khong.
Deal significance: Speaking about the acquisition, Mr Khong said: “Holding Redlich is very pleased to have helped Alcidion complete two major acquisitions in 2021 as it expands its footprint and services.
“These acquisitions help set the company up for greater success as a leading provider of healthcare services, both in Australia and internationally.”
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
You can email Jerome at: