Armada Mezzanine Fund III has provided mezzanine financing in support of Valedo Partners Fund II AB’s acquisition of Cambio Healthcare Systems AB (“Cambio” or the “Company”).
Cambio (www.cambio.se) was founded in 1993 and is a Swedish provider of healthcare information and management systems, within patient administration and clinical healthcare support. The Company has customers in Sweden, Denmark and the UK, with +85,000 licensed users. The Company employs c.300 people, through offices in Linköping (SWE), Stockholm (SWE), Reading (UK) and Colombo (Sri Lanka).
“It is an interesting opportunity for us to take part in this transaction and we have great confidence in both management and the Valedo team. The investment will fit well in our portfolio given the company’s strong market position with high barriers to entry, attractive growth prospects and long-term customer contracts. We believe the market for IT software solutions in the healthcare space is an attractive market and Cambio is well positioned for further growth.”, says Jan Wiklund, Partner of Armada Mezzanine.
For more information, please contact:
Jan Wiklund tel. +46 8 546 017 62 or +46 70 551 4054 at Armada Mezzanine Capital Oy, Stockholm branch.