Canadian occupational health software business Cority Software has acquired London-based Meddbase.
Meddbase was founded in 2004 as the first cloud-native clinical software solution designed for healthcare providers in the UK.
It has since expanded its offerings to include occupational health, electronic health records and private healthcare management solutions, serving clients across North America, Europe and Australia.
Cority is a software provider used by companies for tracking their progress towards environmental, social and governance (ESG) efforts.
Its software is also used to monitor employees’ health, managing potential risk factors, and regulatory compliance and the business has over 1,500 customers in 120 countries.
‘Don’t allow North to be snuffed out’: Reaction to Chancellor’s Silicon Valley speech
“Meddbase has a track record of delivering exceptional value to healthcare providers through its secure and adaptable clinical solutions,” said Ryan Magee, CEO of Cority Software.
“This acquisition aligns with Cority’s mission to empower organizations to care for their people, reduce risks, and improve operational performance. Together, we will set a new standard of excellence in occupational medicine and workforce wellbeing with a comprehensive and scalable software suite.”
The sale was advised by the Grant Thornton Corporate Finance team.
Will Temple, Meddbase managing director, added: “From the outset of the engagement, Grant Thornton felt like an extension of our team.
“The team were instrumental in driving the deal to completion through a combination of their resilience and deep technical knowledge.”