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Atos all set buy Anthelio Healthcare Solutions

Atos

Atos announces singing of a share purchase agreement to acquire Anthelio Healthcare Solutions (Anthelio) which has an enterprise value of US$275 million.

The transactions made in cash is sought to position Atos to reach a broader customer base in the U.S. healthcare market by strengthening the scale and scope of its services.

Atos is acquiring Anthelio from Actis, a leading London-based growth markets investment firm, its majority shareholder since November 2010, as well as from McLaren Health Care Corporation, a leading fully integrated health network and the largest customer of Anthelio.

The acquisition will enable Atos to generate c. US$0.4 billion revenue in healthcare IT with US$2.5 billion revenue in North America, its largest geography.

The combined organization will support Atos customer’s need to better optimize financial performance, improve the patient care experience, engage patients through state-of-the-art applications and address the increasing demands of security, risk and compliance.

“We are pleased to welcome the Anthelio team to Atos. With their strong and loyal customer base and our combined commitment to providing a world-class customer experience, our ambition with Anthelio is to reinforce our Healthcare footprint in the U.S. and to become the leader in digital healthcare solutions”, said Michel-Alain Proch, Group Senior Executive Vice President and CEO North American Operations, Atos. “I am pleased that Asif Ahmad, a recognized leader in the healthcare technology sector, currently CEO of Anthelio Healthcare Solutions, will lead our newly formed healthcare practice in the US.”

“This is an exciting development for Anthelio and its customers,” said Asif Ahmad, CEO, Anthelio Healthcare Solutions. “Our vision has always been to drive high value for healthcare organizations by solving complex clinical and business problems. Combining Atos’ leadership in global digital services with Anthelio’s leadership in Healthcare Technology and Revenue Cycle Management is unprecedented. This acquisition addresses the many core clinical and financial processes that hospitals and physicians are faced with today”.

Anthelio generates about US$200 million of annual revenue growing at 8%.

This acquisition is said to provide customers with expanded technology offerings that provide sustainable value in today’s evolving healthcare environment.

With unanimous support from both companies Board of Directors, the transaction is expected to close before the end of September 2016.

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