Atos announces having signed a share purchase agreement to acquire Anthelio Healthcare Solutions (Anthelio), the largest independent provider of healthcare technology solutions in North America, for an enterprise value of US$275 million. This acquisition, fully financed by cash, uniquely positions Atos to reach a broader customer base in the U.S. healthcare market by strengthening the scale and scope of its services. 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.
Anthelio generates about US$200 million of annual revenue growing at 8%. Thanks to strong revenue synergies, the Group expects the newly formed US healthcare practice to reach double digit organic growth in 2018.
“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.
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.